mexico canada: Harking back to a nonexistent period "when we were governed by an America First policy," Trump blamed the economic collapse of Detroit, and many other untoward economic trends, on trade, specifically free-trade agreements — such as the North American Free Trade Agreement- which the postwar GOP has generally supported, along with many Democrats, according to The Waterloo Record. Not only would Trump scrap the proposed Trans-Pacific Partnership with 11 other Pacific Rim nations, he would "renegotiate" NAFTA and "walk away" if Mexico and Canada don't do what he wants. The kudos end there, however; Trump economic policy speech to the Detroit Economic Club managed to embrace the worst of traditional Republican doctrine while repudiating the best of it. You may or may not like NAFTA and similar deals; they create winners and losers across the $17 trillion U.S. economy. On taxes, though, Trump reverted to GOP orthodoxy, offering cuts for upper-income Americans as a growth elixir. Even critics must agree that, by now, they are firmly woven into the American economic fabric — and that unravelling them would be profoundly disruptive, perhaps creating "jobs and higher wages" for some, as Trump promises, but destroying them for many, many others.
(www.immigrantscanada.com). As
reported in the news.
Tagged under mexico canada, trans-pacific partnership topics.
11.8.16