Big Business Ignores Threat to National Sovereignty Inherent in USMCA
Written by Steve Byas
Monday, 14 January 2019 Citing the importance of international trade, particularly with Mexico and Canada, for the American economy, the U.S. Chamber of Commerce, big business interests in general, and agricultural associations such as the National Corn Growers Association (NCGA), are all lobbying Congress to ratify the U.S.-Mexico-Canada Agreement (USMCA). While one can sympathize with the desire to increase the bottom line of U.S. businesses involved in exports, such as the corn growers, no concern whatsoever is expressed about the adverse effect such agreements as USMCA and NAFTA have on the continued national sovereignty of the United States (and, for that matter, Mexico and Canada).
Tom Donahue, president of the U.S. Chamber of Commerce, took the occasion of his “State of American Business†speech to ask the Trump administration to not only drop tariffs on steel and aluminum from Canada and Mexico, but explained that this was important to do so as to advance the “free trade†agenda with even more nations.
“This would be an encouraging sign for all trading partners, including those we’re pursuing new market-opening agreements with, like Japan, the U.K. and the European Union,†Donahue said.
About three dozen business associations have linked in a lobbying effort to pressure Congress to ratify USMCA as quickly as possible, according to
Politico.
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https://www.thenewamerican.com/usnews/item/31185-big-business-ignores-threat-to-national-sovereignty-inherent-usmca