http://www.reuters.com/article/idUSTRE6233MS20100304

(Reuters) - A small group of U.S. lawmakers unveiled legislation on Thursday to withdraw
from the North American Free Trade Agreement in the latest sign of
congressional disillusionment with free-trade deals.

The bill spearheaded by Rep. Gene Taylor, a Mississippi Democrat, would require President Barack Obama to give Mexico and Canada six months notice that the United States will no
longer be part of the 16-year-old trade pact.

"At a time when 10 to 12 percent of the American people are unemployed, I think Congress has an obligation to put people back to work," Taylor
said.

He argued NAFTA has cost the United States millions of manufacturing jobs and hurt national security by encouraging companies to move production to Mexico.

The high unemployment rate makes it the "perfect" time to push for repeal even though past efforts have failed, he said.

"You'll see the American people rally behind this, in my humble opinion," said Rep. Walter Jones, a North Carolina Republican who is one of about 28
co-sponsors of the bill.

Business groups like the National Association of Manufacturers and the U.S. Chamber of Commerce strongly support NAFTA, which they say has spurred
U.S. economic growth by tearing down trade barriers between the three
countries.

The repeal proposal comes as Obama says he wants to resolve problems blocking congressional approval of long-delayed trade deals with South Korea, Panama and
Colombia.

The strongest opposition to those agreements comes from Obama's fellow Democrats.

The United States also will begin talks later this month with Australia, New Zealand, Singapore, Chile, Peru, Vietnam and Brunei on an
Asia-Pacific regional free-trade agreement.

Obama criticized NAFTA during the 2008 presidential election campaign but has not followed through on threats to withdraw from the agreement if
Canada and Mexico did not agree to revamp the pact's labor and
environmental provisions.

But many Democrats are pushing for that and other changes to existing trade deals before considering any new deals such as the deals with South
Korea, Colombia and Panama.

The House of Representatives is expected to vote later this year on whether the United States should remain a member of the World Trade
Organization.

U.S. law allows House and Senate members to request a vote on that issue every five years. In 2005, 86 of the House's 435 members voted to withdraw from
the world trade body.






But I ask, What's the catch.....?

Views: 34

Reply to This

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Tori Kovach posted a discussion

Pumpkin Face

Is he dead yet?See More
9 hours ago
cheeki kea posted a blog post
15 hours ago
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1770501160448

"Thumbs up find. So what ever do we have here then? Revolving doors of corruption and deceit that…"
17 hours ago
cheeki kea left a comment for Роман
"Greetings and well wishes to you POMaH, great that you've joined us all here at the site. May…"
17 hours ago
Sandy posted photos
22 hours ago
Doc Vega posted a blog post

Something is Making Fishermen Disappear It’s not Alligators or Sharks

 The setting is a section of the Ohio River where many locals enjoy fishing, swimming, and boating.…See More
yesterday
Роман is now a member of 12160 Social Network
yesterday
Doc Vega posted a blog post

Always Wondering

The face of reality pressed against your window paneIs it engineered or is it real rain?So, you…See More
Friday
tjdavis favorited Burbia's video
Friday
tjdavis posted a photo
Friday
cheeki kea commented on cheeki kea's photo
Thursday
cheeki kea posted a photo
Thursday
rlionhearted_3 posted a photo
Thursday
Sandy posted photos
Thursday
james will posted a blog post

how to doanload mp3 online?

An MP3 downloader is a useful online tool that allows users to convert and download their favorite…See More
Wednesday
Doc Vega commented on rlionhearted_3's photo
Thumbnail

Another incredibly Stupid!! What, no mirrors?

"Personally , I go for the more classic forms of cosmetic surgery! "
Tuesday
Doc Vega posted blog posts
Tuesday
Less Prone favorited tjdavis's video
Tuesday
Less Prone commented on rlionhearted_3's photo
Thumbnail

Another incredibly Stupid!! What, no mirrors?

"When the problem is inside, it causes transformations like this. I like the original better. Maybe…"
Tuesday
Less Prone favorited james will's blog post YouTube Downloader Tools You Never Knew Existed
Tuesday

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted