Word: naftas
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...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...
...populist economic temptation is protectionism. Dean succumbed early in the campaign--as Governor of Vermont, he supported the North American Free Trade Agreement (NAFTA)--and he has now slid into cynical, extremist threats of tariffs against those countries that do not meet America's environmental and labor standards. When Joe Lieberman attacked this new position in last week's debate, Dean modified it again, saying he would accept international standards, which are weaker than American ones. Most of Dean's rivals seem to be wandering down the same path. (John Kerry, a career free trader, is suddenly open to renegotiating...