North American Free Trade Agreement
Mr. Donahue spoke to reporters in the Capitol on the North American Free Trade Agreement being proposed by the Bush administration which wou… read more
Mr. Donahue spoke to reporters in the Capitol on the North American Free Trade Agreement being proposed by the Bush administration which would create a free trade zone between Canada, the U.S., and Mexico. Critics of the proposal maintain that reducing tariffs on products imported from Mexico would result in an exodus of American industry to factories south of the U.S. border. Critics also charge U.S. industries working in Mexico may not have to abide by regulations concerning fair wages, employee working conditions and environmental protection. Debate also centers around fast-track trade legislation authority, which would mandate that applicable trade legislation would have to be considered by Congress within a certain time, and Congress would be prohibited from attaching amendments to the legislation. The Bush administration has stated fast-track trade authority is absolutely necessary for continuing trade negotiations with other countries. close
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