The United Auto Workers union says that the key to resolving trade deficits caused by the North American Free Trade Agreement is to boost wages in Mexico.
The Trump administration is in the midst of a historic renegotiation of NAFTA, the 1994 free trade agreement between the United States, Canada, and Mexico. UAW President Dennis Williams issued a statement on Thursday urging negotiators to place a “special emphasis on Mexican workers, whose suppressed wages are harmful for all three countries.”
“Toothless labor chapters from failed trade agreements will not get the job done. We need an innovative approach. If not, NAFTA will continue to fail workers as it has for nearly a quarter of a century,” he said.
President Donald Trump’s opposition to NAFTA, as well as the Obama administration’s Trans Pacific Partnership, earned him support from traditionally Democratic blue-collar workers in Pennsylvania, Wisconsin, and Michigan—states that delivered him to the oval office.
Trump touted NAFTA renegotiations at a Harrisburg, Pennsylvania rally on Wednesday. He called the country’s free trade agreements “embarrassing” in a speech aimed at boosting his proposed tax reforms that would lower corporate rates from 35 percent to 20 percent, while increasing the child tax credit, eliminating the estate tax, and …read more
Source:: Washington Free Beacon