A Quote by David Rockefeller
Everything is in place - after 500 years - to build a true 'new world' in the Western Hemisphere... And what happens if we don't pass NAFTA? I truly don't think that 'criminal' would be too strong a word for rejecting NAFTA.
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During the debate over NAFTA President Clinton said, 'I believe that NAFTA will create a million jobs in the first five years of its impact.' WRONG. According to the Economic Policy Institute, NAFTA has led to the loss of more than 680,000 U.S. jobs. I voted against NAFTA and other bad trade agreements and am fighting to stop the TPP.
Donald Trump can have some advantage in negotiations. NAFTA is high on his agenda.But if he goes too far, I think the president of Mexico Enrique Pena and the Mexicans will decide they would just as soon get out of NAFTA, and we don't want that either. There may need to be some changes, but to re-imagine the entire world we have had an international order. It's not perfect, but for 70 years, it has kept Europe whole and free and safe, and we need to keep it in place.
I think a lot of scapegoating has been done on NAFTA. The reality is, a lot of the jobs have been lost mostly to technology. And that is something that happens well beyond the reach of NAFTA or any other trade agreement.
The rules of origin in NAFTA need some tightening. Rules of origin are what let material outside of NAFTA to come in and benefit from all the taxes and tariff reductions within NAFTA.
The message is NAFTA (the North American Free Trade Agreement) is there. NAFTA has helped both our countries enormously. We live up to the terms of NAFTA. We ask you, our best friend and most important trading partner to do the same thing.
There was a hope then by some people that what we call trickle-down economics would work. That if you made the economy pie bigger, everybody would benefit. Twenty-five years after NAFTA, we know that that is not true. We should have known then that it was not true.
I am going to renegotiate NAFTA. And if I can't make a great deal - then we're going to terminate NAFTA and we're going to create new deals.
I think Canadians, by and large, during the American election, every time Donald Trump talked about NAFTA, we felt that he was talking about Mexico. Now, if Donald Trump tears up NAFTA, there is still a Canada-U.S. Free Trade Agreement. And we all assume that we will revert back to that agreement, which is essentially the same as NAFTA except Mexico is no longer at the table. I think, you know, that is what we are hoping for.
You know that if you [Hillary Clinton] did win, you would approve that [Trans-Pacific Partnership], and that will be almost as bad as NAFTA. Nothing will ever top NAFTA.
I don't think that if Justin Trudeau came back from the NAFTA negotiations with a new clause - 'Oh, by the way, there's going to be a new legislature that Americans will send members to that will pass laws that will bind Canada' - I don't believe Canada would ever go for that.
In my state [ Maryland] we've lost jobs to NAFTA, we did not gain jobs from NAFTA. But I think it's very difficult when your state is right up against the northern border, you do see things differently.
NAFTA was much more popular among US corporations than GATT, because NAFTA is highly protectionist in ways that GATT is not.
Part of the NAFTA legislation required studies of labor practices, and there was quite a good study that came out by a labor historian on the use of NAFTA to undermine and destroy unions.
I think NAFTA has been extremely beneficial to the United States, in many ways, but there's no question after 23 years it needs to be updated, to say the least.
Let's take a look at NAFTA. Trump said that NAFTA was a bad deal and he was going to get rid of it in the first 100 days. Now, that's also off the table. He's made a lot of promises that he can't keep. He has distorted information. I do not think he should not be president of the United States. And I think our allies and people in other countries are looking at America and saying, "This can't be. How did this happen?"
NAFTA is a major stepping stone to the New World Order.
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