Nearly 5 Million U.S. Jobs Depend on Trade With Mexico

[Crabtownboy]

When President-elect Trump talks about scrapping the North American Free Trade Agreement (NAFTA), his argument rests on the notion that the agreement is one of the main culprits of job loss in the states. American companies, critics argue, have used NAFTA to send manufacturing jobs to Mexico—where labor is cheaper—leaving domestic workers unemployed. It’s true that companies have been enticed to send jobs abroad—but often this argument misses the fact that as some American firms moved work across the border, there’s also been reciprocity. Now, millions of American jobs are dependent on trade with Mexico, and Mexican corporations have created thousands of jobs in the U.S.

New research from the Mexico Institute at the Wilson Center, a nonpartisan think tank based in Washington, D.C., found that trade with Mexico creates approximately 4.9 million jobs in the United States. In other words, one out of 29 American jobs depends on preserving an economic relationship with the U.S.’s southern neighbor. Researchers came up with this 4.9 million figure by calculating three economic shifts that would likely occur if trade with Mexico ended: the number of American jobs that are involved in producing exports to Mexico, which would be lost; the number of jobs that would return to the United States to produce the previously imported goods; and the number of jobs that would disappear if the money American consumers and companies saved from buying lower-cost imports were gone.

https://www.theatlantic.com/business/archive/2016/12/mexico-nafta-trade/510008/

 

[HankD]

When President-elect Trump talks about scrapping the North American Free Trade Agreement (NAFTA), his argument rests on the notion that the agreement is one of the main culprits of job loss in the states. American companies, critics argue, have used NAFTA to send manufacturing jobs to Mexico—where labor is cheaper—leaving domestic workers unemployed. It’s true that companies have been enticed to send jobs abroad—but often this argument misses the fact that as some American firms moved work across the border, there’s also been reciprocity. Now, millions of American jobs are dependent on trade with Mexico, and Mexican corporations have created thousands of jobs in the U.S.

New research from the Mexico Institute at the Wilson Center, a nonpartisan think tank based in Washington, D.C., found that trade with Mexico creates approximately 4.9 million jobs in the United States. In other words, one out of 29 American jobs depends on preserving an economic relationship with the U.S.’s southern neighbor. Researchers came up with this 4.9 million figure by calculating three economic shifts that would likely occur if trade with Mexico ended: the number of American jobs that are involved in producing exports to Mexico, which would be lost; the number of jobs that would return to the United States to produce the previously imported goods; and the number of jobs that would disappear if the money American consumers and companies saved from buying lower-cost imports were gone.

https://www.theatlantic.com/business/archive/2016/12/mexico-nafta-trade/510008/

Remains to be seen.

HankD

 

[carpro]

When President-elect Trump talks about scrapping the North American Free Trade Agreement (NAFTA), /

How can you give credence to an article that's basic premise and leadoff sentence is a lie?

 

[InTheLight]

How can you give credence to an article that's basic premise and leadoff sentence is a lie?

From Trump's website:

4. Tell NAFTA partners that we intend to immediately renegotiate the terms of that agreement to get a better deal for our workers. If they don’t agree to a renegotiation, we will submit notice that the U.S. intends to withdraw from the deal.

https://www.donaldjtrump.com/policies/trade/

 

[carpro]

From Trump's website:

4. Tell NAFTA partners that we intend to immediately renegotiate the terms of that agreement to get a better deal for our workers. If they don’t agree to a renegotiation, we will submit notice that the U.S. intends to withdraw from the deal.

https://www.donaldjtrump.com/policies/trade/

And...

 

[InTheLight]

And...

And.....

If the US withdraws from the deal, they are scrapping NAFTA. Ergo, the leadoff sentence of the posted article is not a lie.

 

[exscentric]

The sky is falling, the sky is falling, the sky is falling, well based on present circumstances - maybe, maybe not - to quote a famous guy "Remains to be seen." but the liberals need to get as much mileage as they can from all of their "maybe disasters" :-Z

 

[carpro]

And.....

If the US withdraws from the deal, they are scrapping NAFTA. Ergo, the leadoff sentence of the posted article is not a lie.

As usual the media is basing everything on worst case scenario, and so are Trump haters like you.

Negotiation is what he is talking about. There is a big IF before scrapping is mentioned. And it will not happen. Canada and Mexico will renegotiate.

So the lead sentence is a lie. The media lies a lot in just this manner. Renegotiation is what Trump is talking about. Trump haters act like that word doesn't exist and he never said it.

 

[Benjamin]

The Op seems to be promoting a "trickled down" theory of jobs coming back from Mexico. No thanks...

 

[Benjamin]

How can you give credence to an article that's basic premise and leadoff sentence is a lie?

Liberals, the Mainstream Media and NeverTrumpies have lost any foresight of the bargaining strength which comes from noting our willingness to pull out of these bad deals completely and apparently can only see this premise of a pull out as the only possible conclusion worth considering. Personally, I'm glad we have someone in office that actually knows how to make deals rather than that continuing loser mentality...

 

[righteousdude2]

When President-elect Trump talks about scrapping the North American Free Trade Agreement (NAFTA), his argument rests on the notion that the agreement is one of the main culprits of job loss in the states. American companies, critics argue, have used NAFTA to send manufacturing jobs to Mexico—where labor is cheaper—leaving domestic workers unemployed. It’s true that companies have been enticed to send jobs abroad—but often this argument misses the fact that as some American firms moved work across the border, there’s also been reciprocity. Now, millions of American jobs are dependent on trade with Mexico, and Mexican corporations have created thousands of jobs in the U.S.

New research from the Mexico Institute at the Wilson Center, a nonpartisan think tank based in Washington, D.C., found that trade with Mexico creates approximately 4.9 million jobs in the United States. In other words, one out of 29 American jobs depends on preserving an economic relationship with the U.S.’s southern neighbor. Researchers came up with this 4.9 million figure by calculating three economic shifts that would likely occur if trade with Mexico ended: the number of American jobs that are involved in producing exports to Mexico, which would be lost; the number of jobs that would return to the United States to produce the previously imported goods; and the number of jobs that would disappear if the money American consumers and companies saved from buying lower-cost imports were gone.

https://www.theatlantic.com/business/archive/2016/12/mexico-nafta-trade/510008/

Ask me if I care?! That is a Mexican government problem. How about you, AN AMERICAN, being more concerned about the twenty plus million Americans without work. Without the earning power they once had, until people from around the world ILLEGALY crossed our borders, and undercut Americans by working for pennies on the dollar to STEAL jobs from REAL, BORN HERE. Red, white and blue American citizens who now live on unemployment checks, welfare, food stamps, hand outs, etc.
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