10 October 2018

A victory on trade

By Cal Thomas

In baseball, when a team trades a player to another team each side expects a benefit in return. Not so in recent years when it comes to trade agreements between the United States and other countries.

President Trump has been right in his criticism of the North American Free Trade Agreement (NAFTA) and other trade deals that have left the United States at a disadvantage, sidelining American goods, stifling job growth and allowing other countries to steal America’s intellectual property.

That has begun to change with a revamped NAFTA deal the Trump administration named the USMCA, which stands for the U.S.-Mexico-Canada Agreement.

At first, Mexico refused to alter its trade policies, but now it has. Canadian Prime Minister Justin Trudeau announced strong opposition to making compromises or changing what Mr. Trump said was a tariff as high as 270 percent on U.S. dairy products.” However, hours before a midnight deadline, CNN reported, ” the U.S. and Canadian governments agreed to a deal that would allow U.S. farmers greater access to Canada’s dairy market and address concerns about

No comments: