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DonViejo

(60,536 posts)
Fri Feb 23, 2018, 04:08 PM Feb 2018

Breakdown in NAFTA could hinder new tax reform law, Gov. Rick Snyder cautions

By MAGGIE SEVERNS 02/23/2018 11:07 AM EST

Michigan Gov. Rick Snyder said Friday he’s “concerned” about the talks to renegotiate the North American Free Trade Agreement, warning that if there is a breakdown in free trade it could ultimately harm Republicans’ new tax reform law.

“If NAFTA were to fall apart, it would have huge negative consequences,” Snyder, a Republican, said during a panel at the POLITICO State Solutions Conference in Washington.

Snyder warned that any sudden moves that would restrict free trade could cause chaos for businesses that are otherwise poised to benefit from President Donald Trump’s biggest 2017 legislative victory, tax reform.

“The administration is excited about their tax reform. If they want to see the benefits they want to get from that, having NAFTA fall apart would be a disaster for that,” Snyder said. If NAFTA were to implode, businesses may face “so much uncertainty” that they’d be hesitant to grow at the rate Republicans are hoping in the coming years.

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https://www.politico.com/story/2018/02/23/nafta-rick-snyder-423307

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Breakdown in NAFTA could hinder new tax reform law, Gov. Rick Snyder cautions (Original Post) DonViejo Feb 2018 OP
Now that the black man is out of the White House... yallerdawg Feb 2018 #1

yallerdawg

(16,104 posts)
1. Now that the black man is out of the White House...
Fri Feb 23, 2018, 04:14 PM
Feb 2018

the Republicans can get back to supporting free trade without consideration of any exploited people anywhere.

You didn't really think...

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