Ron Paul Says Trump’s New Trade Treaty that Replaces NAFTA Actually Increases Government Control | WHAT REALLY HAPPENED


Ron Paul Says Trump’s New Trade Treaty that Replaces NAFTA Actually Increases Government Control

Ron Paul analyzed Trump’s new treaty, the United States-Mexico-Canada Agreement (USMCA) that replaces the North American Free Trade Agreement (NAFTA), and found that the USMCA expands government control over trade. For example, it requires 75% of car parts to be made in North America, which will raise car prices on those using materials outside of North America, it requires auto workers to earn at least $16 per hour, which will increase prices, and it forces Mexico to import US-style compulsory unionism. The new USMCA entangles all three countries in environmental standards and monetary policy. A true free trade deal would simply reduce or eliminate tariffs and other trade barriers. It would not dictate wages and labor standards, or require inter-governmental cooperation on environmental standards and monetary policy.

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