October 25, 2009 |
OTTAWA Candidate Barack Obama made the North American Free Trade Agreement an early target. He promised union leaders to force a renegotiation of NAFTA on his terms. Back then, I thought Obama went too far. Now I think he did not go nearly far enough. Canada, the United States and Mexico must form a more perfect economic union to deal with a lingering international financial crisis that drains the U.S. dollar of value and credibility and that fuels rising unemployment. Regional integration is a rare effective response to faltering...
February 20, 2009 |
OTTAWA, Feb. 19 -- President Obama warned on Thursday against a "strong impulse" toward protectionism while the world suffers a global economic recession and said his election-year promise to renegotiate the North American Free Trade Agreement on behalf of unions and environmentalists will have to wait. Obama made the comments as he stood with Canadian Prime Minister Stephen Harper during his first trip abroad as president. The two pledged cooperation on efforts to stimulate the economy, fight terrorism in ...
June 21, 2008 |
OTTAWA -- Sen. John McCain traveled to Canada on Friday to offer a vigorous defense of the North American Free Trade Agreement, as his campaign sought to portray rival Sen. Barack Obama as inconsistent on free trade. "For all the successes of NAFTA, we have to defend it without equivocation in political debate because it is critical to the future of so many Canadian and American workers and businesses," McCain told a crowd of several hundred at the Economic Club of Canada.
April 9, 2008 |
The North American Free Trade Agreement is once again a prime scapegoat for the nation's growing economic troubles, drawing blame for sending jobs overseas and flattening wages for U.S. workers. That sentiment has intensified as the economy has deteriorated, a fall punctuated last week by the steepest job decline in five years. Sens. Hillary Rodham Clinton (N.Y.) and Barack Obama (Ill.) have fed the anti-free-trade view in campaigning ahead of the Pennsylvania Democratic primary April 22. Facing voters in a...
April 6, 2008 |
Sen. Hillary Rodham Clinton often likes to take credit for her husband's achievements as president. But then there's NAFTA. Clinton may have been present at the creation of the North American Free Trade Agreement in 1994, but she wants everybody to know that it's not her baby. She now proposes to "fix" the agreement to make trade "work for working families. " Sen. Barack Obama, meanwhile, makes the fallout from NAFTA sound downright nuclear, lamenting that "entire cities . . . have been devastated as a consequence of trade agreements...
March 21, 2008 |
WASHINGTON -- I recently had the chance to talk with two of Mexico's most prominent business leaders, Emilio Azcarraga Jean, chairman of television giant Televisa, and Roberto Hernandez Ramirez, chairman of the board of Banamex. Among other things, we spoke about the pledges of candidates Hillary Clinton and Barack Obama to renegotiate the North American Free Trade Agreement. Both dismissed such talk as campaign rhetoric with little consequence. While Obama wants to better enforce labor and environmental...