We Need a Speed Bump, Not Fast Track
February 26, 2015
Twenty years ago, NAFTA (North America Free Trade Agreement) was sold to Americans as a job-creating, economy-stimulating trade deal. But 20 years later, we know we have been duped. NAFTA cost the United States more than 1 million manufacturing jobs because of imports from Canada and Mexico or the relocation of factories to those countries. And now the administration and some in Congress are seeking authority to fast track international trade deals like the Trans-Pacific Partnership (TPP) – which is being negotiated and modeled after NAFTA but involves 11 Asian and Latin American countries.
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