Brown Comments on 15th Anniversary of NAFTA Signing
December 8, 2008
WASHINGTON, D.C. – U.S. Senator Sherrod Brown (D-OH) today issued the following statement to mark the 15th anniversary of the North American Free Trade Agreement (NAFTA), which was signed into law on December 8, 1993.
The multilateral trade agreement between the U.S., Canada, and Mexico created the world’s largest free trade zone. Since NAFTA, the U.S. trade deficit rose from $24 billion in 1993 to $190 billion in 2007. In that same time, nearly three million U.S. manufacturing jobs were lost, more than one million Mexican farmers lost their land, and immigration into the U.S. jumped 60 percent.
“Ohio workers won’t be celebrating NAFTA’s anniversary. This trade deal is not working for most people in any of the three countries. Its anniversary should give us all pause as we prepare – with a new administration and a new Congress – to review the results and then move forward with a new trade policy.”
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