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...costs of trade barriers. And of course they're less severe. But they're there. Just one example: surely Mexico's 20% tariff on American automobiles, which would be phased out under NAFTA, keeps Mexicans from buying American cars. Why is that good? Why doesn't Ross Perot mention...

Author: /time Magazine | Title: Money Angles Why Nafta Is Good Medicine | 11/15/1993 | See Source »

What this whole thing really seems to hinge on is the polls. If Lee Iacocca can enlist Rush Limbaugh to persuade his listeners to rally round NAFTA, and if the Gore-Perot debate is scored on the basis of who's more right and responsible rather than who's funnier, the poll numbers will rise and NAFTA will pass...

Author: /time Magazine | Title: Money Angles Why Nafta Is Good Medicine | 11/15/1993 | See Source »

...public and a dislike of insiders of all stripes," says Scott Keeter, who runs the Commonwealth Poll at Virginia Commonwealth University. Comments Jay Severin, a New York-based political consultant who often advises Republican candidates: "I don't think it's a Republican message. It's more a Perot message. People are angry...

Author: /time Magazine | Title: No Experience Necessary | 11/15/1993 | See Source »

Bill Clinton and H. Ross Perot may be reluctant to acknowledge it, but the U.S.-Mexican border is already wide open to trade and likely to remain so whether the North American Free Trade Agreement passes Congress or not. In Laredo, Texas, last week 18-wheelers thundered back and forth on I-35, hauling American-made computers, machine tools and other goods to Mexico and bringing back Mexican-produced TVs, beer and foodstuffs. At the same time, Mexican shoppers streamed across the Rio Grande to splurge at Laredo's glittering Mall Del Norte, where retailers such as Sears...

Author: /time Magazine | Title: Surprise! Nafta's Already Here | 11/15/1993 | See Source »

Almost all the things Perot and other NAFTA critics say are going to happen if the agreement is signed have already happened. The largest -- and most controversial -- migrants to Mexico have been the automakers and other big manufacturing firms that have built assembly plants, or maquiladoras, along the border and employ low-wage Mexican labor. This process has been going on for more than 20 years. The factories export the vast bulk of their output, basically duty-free, back to the U.S. Some 2,200 maquiladoras, most of them American-owned, employ more than 500,000 Mexican workers. Not only...

Author: /time Magazine | Title: Surprise! Nafta's Already Here | 11/15/1993 | See Source »

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