us chamber of commerce warns against tearing up nafta trade
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US Chamber of Commerce warns against tearing up NAFTA trade

Arab Today, arab today

Arab Today, arab today US Chamber of Commerce warns against tearing up NAFTA trade

US Chamber of Commerce building in Washington
Ottawa - Arab Today

Any move to tear up the North American Free Trade Agreement (NAFTA) would devastate the economies of members Canada, Mexico and the US, the head of an influential business group said on Monday.
US President Donald Trump, who says NAFTA has been a disaster for American workers, wants to renegotiate the deal and says he is prepared to walk away if he does not get the changes he wants.
Thomas Donohue, president and CEO of the US Chamber of Commerce (USCC), said Canada and Mexico were America’s two top export markets.
“Withdrawing from NAFTA would be devastating for the workers, businesses, and economies of our countries,” he told a business audience in the Canadian capital Ottawa.
“Beneath all the debates, arguments, and attention-grabbing headlines, I think our leaders across the board understand this,” said Donohue.
Canada and Mexico both send the bulk of their exports to the US and would suffer badly if NAFTA were ripped up.
Since Trump won the election, senior Canadian officials have stressed to their US counterparts how closely linked the two economies are.
Canadian Prime Minister Justin Trudeau is fond of noting that 9 million US jobs rely on exports to Canada, a point that Donohue repeated.
“First, let’s do no harm. Let’s preserve, protect, and advance the robust trade that supports both of our economies and millions of our workers,” he said.
Donohue, who did not criticize Trump, said it was crucial for the US to keep NAFTA as a single agreement rather than negotiating bilateral deals with Canada and Mexico.
“To address areas open for modernization or improvement, we would insist on doing it in a way that doesn’t disrupt the $1.3 trillion worth of trade that depends on NAFTA,” he said.
Perrin Beatty, who heads the Canadian Chamber of Commerce, noted that Trump had promised to boost employment.
“You don’t create jobs by dismantling a relationship that works well,” he told reporters after the speech.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us chamber of commerce warns against tearing up nafta trade us chamber of commerce warns against tearing up nafta trade

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us chamber of commerce warns against tearing up nafta trade us chamber of commerce warns against tearing up nafta trade

 



GMT 10:10 2017 Thursday ,09 February

3 Important Elements You Have to Consider

GMT 04:03 2017 Monday ,24 April

Bella Hadid ‘dying’ to visit Palestine

GMT 19:25 2016 Wednesday ,25 May

The Brooklyn Desk by Oeuf NYC

GMT 07:49 2018 Friday ,05 January

2 Russian servicemen killed

GMT 07:58 2018 Monday ,01 January

Italy orders N. Korea's envoy to leave

GMT 08:45 2017 Wednesday ,20 December

US military imagines war without GPS

GMT 17:26 2017 Sunday ,17 December

Putin thanks Trump for help in foiling attack plot

GMT 22:19 2017 Monday ,16 October

Cairo-hosted Fatwa conf. new contribution

GMT 02:27 2016 Friday ,10 June

Video hints Japan abetting illegal ivory trade

GMT 07:04 2017 Wednesday ,19 April

1,883 Bahrainis found jobs in March

GMT 14:24 2016 Tuesday ,22 November

Citi and JPMorgan top list of ‘globally banks’

GMT 21:43 2017 Friday ,01 September

People question Nazaruddin`s repatriation expenses

GMT 09:41 2017 Wednesday ,19 April

OIC concerned over violence in Mali

GMT 01:30 2017 Friday ,27 October

May22/Jun21

GMT 05:38 2016 Friday ,30 December

Dubai Airports divert 13 flights due to heavy fog

GMT 11:38 2017 Saturday ,14 January

Mexico names new ambassador to US

GMT 12:03 2017 Wednesday ,22 March

Kuwait to mark World Water Day

GMT 15:00 2017 Wednesday ,27 September

HM King receives invitation from Egyptian President

GMT 02:45 2017 Tuesday ,05 December

President Bashir arrives in Chad

GMT 02:45 2017 Wednesday ,16 August

Turkmen President Visits Pakistan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday