Don’t tear up NAFTA says U.S. chamber of commerce president
OTTAWA — Tearing up the North American Free Trade Agreement will mean lost jobs in all three member countries, says the head of the U.S. Chamber of Commerce.
But Tom Donohue also said there are ways to improve the 23-year-old trade deal between Canada, Mexico and the United States and there’s potential to create a stronger agreement that will improve North America’s overall competitiveness with the rest of the world.
Donohue, who was critical of U.S. President Donald Trump before he was elected, came to Ottawa on Monday with a largely conciliatory message about the need to move forward constructively on bettering the economies of NAFTA’s three countries.
He told an audience of business leaders, politicians and diplomats that the intertwined and integrated economies of Canada, the U.S. and Mexico are a good thing that must be preserved.