Author Topic: All we want for Christmas is for Washington to enact the new NAFTA and end the trade war with China  (Read 174 times)

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Offline Elderberry

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By Dallas Morning News 12/7/2019

All we want for Christmas is for Washington to enact the new NAFTA and end the trade war with China

Blocking trade is something enemies do to each other.


Even as Washington is mired in political infighting, we have to admit that Texas Rep. Bill Flores, R-Bryan, has a point when he said last week, “The best thing that the folks in this Capitol building can do is to give the American people the USMCA as a Christmas present.”

Flores, along with a bipartisan group of 16 other members of Congress from Texas, held a news conference last week outside the U.S. Capitol urging their fellow lawmakers to ratify the United States-Mexico-Canada Agreement (USMCA), the trade deal expected to replace the 25-year-old North American Free Trade Agreement (NAFTA), which President Trump has famously called “the worst deal ever.”

There’s no doubt that after a quarter century, NAFTA was due for updates, and the progress on labor, environmental and security protections should be welcomed on both sides of the aisle. But what’s often overlooked is that NAFTA, largely due to pushback from Texas politicians, manufacturers, business owners, farmers and ranchers, remains in effect until the USMCA is ratified.

That’s crucial for economic growth in Texas and across the U.S.

More: https://www.dallasnews.com/opinion/editorials/2019/12/09/all-we-want-for-christmas-is-for-washington-to-enact-the-new-nafta-and-end-the-trade-war-with-china/