Word: nafta
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Dates: during 2000-2009
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...Clinton-era consensus on free trade—has returned glaringly to the fore. A New York Times columnist recently pointed out that most of the Democratic hopefuls have shifted toward Dick Gephardt’s protectionist stance. Dennis Kucinich is calling for the outright repeal of NAFTA. And Joe Lieberman is stuck in the lonely role of defending Clinton’s laissez faire trade philosophy...
...house majority leader with deep support among unions, distanced himself from the crowd by trumpeting his record of opposing major trade agreements, emphasizing the importance of furthering “fair” trade rather than free trade. He expressed his opposition to the North American Free Trade Agreement (NAFTA), the World Trade Organization (WTO) and the extension of Permanent Normal Trade Relations to China...
...Most everybody here voted for NAFTA, voted for the China agreement,” he said. “I did not—I led the fight against...
...Kucinich, the inequity in such standards means his first act as president will be to withdraw from NAFTA...
...addition, many developing nations find their own domestic markets flooded with lower priced northern commodities. After NAFTA, for example, Mexican farming communities were devastated by U.S. agricultural exports. In a truly perverse turn of events, U.S. subsidies turned what should have been a Mexican comparative advantage in agriculture into a Mexican dependency on U.S. exports. Simply put, it’s hypocritical of the U.S. and the E.U. to force the world’s poorest countries to open their markets even as they themselves prove chronically unwilling to cut back their own subsidies...