Thursday, November 23, 2017
Politics

Trump wants new NAFTA deal to cut trade deficit with Mexico

RECOMMENDED READING


WASHINGTON — President Donald Trump vowed Monday to boost U.S. manufacturing by cutting the $64 billion trade deficit with Mexico as he showcased products made in all 50 states — everything from a fire truck to a baseball bat.

"No longer are we going to allow other countries to break the rules, to steal our jobs and drain our wealth," Trump said at a White House event that spilled from the East Room to the South Lawn.

Shortly after Trump's remarks, the U.S. trade representative released an 18-page report about its goals for updating the decades-old North American Free Trade Agreement with Canada and Mexico. In addition to reducing the trade deficit, the administration wants to insert a chapter on the digital economy into the deal. It also wants to strengthen labor and environmental obligations, as well as amending the rules of origin so that more of the products traded come from the United States and North America.

Turning their focus to trade this week, administration officials are to meet Wednesday with economic officials from China, a nation the president has accused of dumping steel on the global market to hurt U.S. steelmakers.

The president took his time checking out products from all over the country: Trump donned a cowboy hat from Texas. He swung a baseball bat from Louisiana. And he even climbed into the cab of a Wisconsin-built fire truck and pretended to be a firefighter, saying, "Where's the fire? Where's the fire? Put it out fast!"

The new NAFTA objectives, a requirement to begin talks on updating the agreement in the next 30 days, contain the first specifics for a Trump administration that has made bold promises on trade. Trump has pledged to recover factory jobs and boost wages by crafting new trade deals. Supporters note that NAFTA enabled companies to charge cheaper prices for products that range from cars to vacuum cleaners, helping many U.S. consumers.

The president said he only seeks a level playing field for U.S. companies and workers, but "if the playing field was slanted a little bit toward us, I would accept that, also."

But the president has a conflicted relationship with global trade. His namesake clothing business depended on the work of low-wage workers living overseas, as does the fashion line of his daughter and White House aide, Ivanka Trump.

Trump has blasted trade deficits as hampering the economy by sending money abroad. But the trade deficit has actually improved from $762 billion in 2006 to $505 billion last year, a change brought about largely because U.S. consumers cut back spending during the Great Recession. His administration already is pursuing multiple trade cases on individual products and is weighing whether to impose tariffs and quotas on foreign steel in hopes of curbing production in China, even though that country represents a fraction of U.S. steel imports.

When NAFTA went into effect in 1994, the United States ran a small trade surplus in goods with Mexico and a slight deficit with Canada. But the size of the deficits steadily began to increase afterward.

By last year, the United States ran a $64 billion trade deficit with Mexico and a nearly $11 billion gap with Canada.

Comments
President Trump presents his report card, passes with flying colors

President Trump presents his report card, passes with flying colors

PALM BEACH — President Donald Trump has a Thanksgiving Day message for the nation: Look at all I’ve done. Trump is telling followers in an early-morning holiday tweet that, "your Country is starting to do really well." He says: Jobs are "coming back,...
Published: 11/23/17
As rules change, many Florida immigrants face a choice: Do they stay or go?

As rules change, many Florida immigrants face a choice: Do they stay or go?

Lys Isma was born in Haiti, but she’s used to driving in Miami with a license, going to college and living without fear of being deported.The Florida International University biology student has lived in Florida since she was 9 months old. Undocument...
Published: 11/22/17

Top Trump staffers failed to file financial reports on their way out the door

WASHINGTON — President Donald Trump’s top aides — including chief of staff Reince Priebus and foreign policy adviser Sebastian Gorka — failed to file legally required financial reports after they were dismissed this summer, according to government re...
Published: 11/22/17
William March: Lee says lieutenant governor should work for a living and get a vote

William March: Lee says lieutenant governor should work for a living and get a vote

It’s an old joke that Florida’s lieutenant governor, with no duties specified in the state Constitution except to fill in if the governor is disabled or dies, has little to do except monitor the governor’s health. State Sen. Tom Lee, R-Thonotosassa, ...
Published: 11/22/17
Trump calls father of freed UCLA player an ‘ungrateful fool’

Trump calls father of freed UCLA player an ‘ungrateful fool’

Associated PressPALM BEACH — President Donald Trump started off his first day of Thanksgiving vacation by resuming his taunts of the father of a UCLA basketball player detained for shoplifting in China, saying Wednesday that he was an "ungrateful foo...
Published: 11/22/17
Trump speaks up for Moore, warns against his ‘liberal’ rival

Trump speaks up for Moore, warns against his ‘liberal’ rival

WASHINGTON — Silent for more than a week, President Donald Trump all but endorsed embattled Alabama Republican Senate nominee Roy Moore, discounting the sexual assault allegations against him and insisting repeatedly that voters must not support Moor...
Published: 11/22/17
Trump offers support for Moore in Alabama Senate race despite misconduct allegations

Trump offers support for Moore in Alabama Senate race despite misconduct allegations

WASHINGTON - President Donald Trump on Tuesday appeared to offer support to Republican candidate Roy Moore in the Alabama Senate race, saying the former state judge "totally denies" allegations that he sexually molested underage girls years ago."He d...
Published: 11/21/17
Before budget ax fell, Visit Florida executives ran up hefty travel bills

Before budget ax fell, Visit Florida executives ran up hefty travel bills

TALLAHASSEE — Gov. Rick Scott’s tourism chiefs at Visit Florida spend a lot of public money taking trips to exotic places to promote Florida as a top worldwide destination.Four former top-level staff members at the state’s tourism promotion and its c...
Published: 11/20/17
Updated: 11/21/17
2nd woman accuses Sen. Al Franken of inappropriate touching

2nd woman accuses Sen. Al Franken of inappropriate touching

ST. PAUL, Minn. (AP) — A second woman has accused Minnesota Sen. Al Franken of inappropriate touching.Lindsay Menz tells CNN that Franken placed his hand on her bottom as they posed for a photo at the Minnesota State Fair in 2010, two years into Fran...
Published: 11/20/17
Senator Nelson on tax reform bill: Small business will ‘get it in the neck.’

Senator Nelson on tax reform bill: Small business will ‘get it in the neck.’

TAMPA — A week ahead of the expected vote on a controversial tax reform bill, U.S. Sens. Bill Nelson and Ron Wyden, D-Ore., visited Tampa to deliver a message to small businesses: This bill will hurt you."Small businesses are the economic engine of F...
Published: 11/19/17
Updated: 11/20/17