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The timing is unclear, but debate over the three seriously-flawed, pending trade deals could begin as early as this summer. If adopted, the FTAs – fashioned after the failing North American Free Trade Agreement (NAFTA) – will make the current economic crisis even worse.
“NAFTA has already cost the U.S. 682,900 jobs,” said IAM International President Tom Buffenbarger. “The pending free trade agreements are projected to cost even more.”
A new IAM infographic details NAFTA’s failed trade policies as a foreshadowing of what is to come.
“Before passing any new trade deals, Congress must first establish a new and fair U.S. trade policy that puts the interests of workers first,” said Buffenbarger. “Sound trade policy must be based on fundamental human rights and not provide more incentives for U.S. corporations to move our work to other countries.”
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