Tags: Trump Administration | Donald Trump | John McCain | mccain | concerned | trump | plans

McCain 'Deeply Concerned' About Trump's Plans to Renegotiate NAFTA

Image: McCain 'Deeply Concerned' About Trump's Plans to Renegotiate NAFTA

Sen. John McCain (Photo by Samuel Corum/Anadolu Agency/Getty Images)

By    |   Thursday, 26 Jan 2017 06:08 PM

Sen. John McCain is "deeply concerned" with President Donald Trump's plans to renegotiate the NAFTA trade agreement, saying any actions his administration takes could have "serious consequences for Arizona and the country."

McCain released a statement Thursday afternoon on the matter.

"I'm deeply concerned by President Trump's statements today reaffirming his commitment to renegotiate the North American Free Trade Agreement (NAFTA)," the Arizona lawmaker said. "While renegotiations could help to strengthen and modernize NAFTA to benefit American businesses and consumers, any effort to restrict or impose new barriers on our ability to trade with Mexico and Canada could jeopardize the future of this trade agreement and have serious consequences for Arizona and the country."

Trump bashed NAFTA on several occasions during his presidential campaign, and he appears to be making good on his promises by vowing to renegotiate the deal so it better benefits the U.S.

McCain said trade between the U.S. and other countries supports more than 20 percent of Arizona's jobs. Ending international trade agreements, McCain said, is not in America's best interest.

"The free flow of trade has been the foundation of U.S. economic policy for decades, and a major factor in our prosperity and greatness," McCain said. "We should not have to relearn the lessons of history. Retreating from NAFTA and other international trade agreements will harm our ability to compete in today's global economy, raise costs for consumers, threaten jobs, and undermine our relations with our closest neighbors."

© 2017 Newsmax. All rights reserved.

 
1Like our page
2Share
Politics
Sen. John McCain is "deeply concerned" with President Donald Trump's plans to renegotiate the NAFTA trade agreement, saying any actions his administration takes could have "serious consequences for Arizona and the country."
mccain, concerned, trump, plans, renegotiate, nafta
244
2017-08-26
Thursday, 26 Jan 2017 06:08 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved