| |
| |
|
Politics Information |
|
|
|
Steel Tubing Tariffs Prove that NAFTA Still Needs Work
The North American Trade Agreement (NAFTA) was implemented on January 1, 1994. An extension of the previous Canada-U.S. Free Trade Agreement of 1989, NAFTA is the second largest free trade area in the world. The agreement intends to limit restrictions on trade in many industries and phase out tariffs in a period of 14 years. While NAFTA has created greater trade in North America, there still are concerns on how well the trade agreement is accomplishing its goal of deregulation. These concerns gained some validity with the recent issuance of tariffs in the steel tubing market in Mexico. After a careful investigation, Mexico's Economy of Ministry came to the conclusion that the United States was dumping their steel tubing products into their country. The term "dumping" is used to denote any product that is sold to another country for a lower price than in its home market. By many, dumping is believed to be unfair competition. With the 469% increase in U.S. steel tubing imports from 1999 and 2001(reported by Mexico's Economy of Ministry) it appears that there was some definite foul play occurring in the industry. Mexico's Economy of Ministry felt that tariffs were needed on U.S. steel tubing in order to stop the effects of dumping and to help the economy in Mexico. On May 27, 2005 Mexico issued tariffs that will raise prices of U.S. tubing anywhere from 7 percent to 25 percent in hopes of leveling out the playing field in the steel industry. A statement made by the Ministry declared that "imports from the United States take place under conditions of price discrimination and harm national production of similar products." This event has proven that NAFTA has not cured all our problems with trade and is still struggling in deregulation. In result of trying to save jobs in the steel industry, both countries have brought us farther away from free trade. Dumping and tariffs are both activities that will keep the countries away from free trade. The greatest controversy is that trade has not really become more fair at all with NAFTA but has even possibly become more unfair. For instance, it is being argued that while trying to stimulate and protect trade in North America, NAFTA is inhibiting trade with other countries such as China. Another problem is it looks as if growth is occurring only in the northern states of Mexico with little effect in the southern states. The trade agreement has been blamed for the increased concentration of wealth in the United States and Mexico in the last ten years. While Mexico's overall economy has picked up since NAFTA, it appears that the richer are getting richer while the poor are getting poorer. The workers in Mexico have experienced a 20% decrease in pay since the implementation of NAFTA. It seems that NAFTA is helping out corporations without helping the people. As seen from the recent steel tubing example, NAFTA still has a lot of room for improvement. We need to be aware of the term "free trade" and know that this means that products cannot be dumped to other countries like steel tubing to Mexico. Because of this dumping, the country has to compensate with tariffs and this brings us even farther away from free trade. While the intention of NAFTA to stimulate the North American economy is a good cause, it has to be done in the right way. We cannot sacrifice the people's well being for the sake of the economy. Revisions to NAFTA need to be created to ensure that free trade will exist between the countries. Kaitlin Carruth is a client account specialist with 10x Marketing - More Visitors. More Buyers. More Revenue. To learn more about steel tubing, please visit Tool America
MORE RESOURCES: This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news
Google News |
 |
|
|
RELATED ARTICLES
Canada Tries to Stop Flow of Drugs into the US As more and more cities and states set up websites and pass measures to allow for importing price controlled Canadian drugs into the US to control the rising cost of healthcare, Canada is starting to take notice on the impact of such practices on it's government run healthcare system. Canada doesn't like what it sees, and for good reason. Economic Illiteracy Can Be Very Costly! I'VE ALWAYS ARGUED THAT ECONOMIC ILLITERACY IS VERY COSTLY.This is true with respect to credit card rates or broader economic principles in government policy. Farming Human Clones If someone wanted to farm future clones they would need many things. They would need to also consider the time commitment for the future and weigh the costs for those 16-years of conditioning. The Sarbanes-Oxley Act The Sarbanes-Oxley Act Was created on July 30th 2002, by Senator Paul Sarbanes and Representative Michael Oxley, who drafted the bill. It followed a series of high profile scandals. Corruption and Transparency I. The FactsJust days before a much-awaited donor conference, the influential International Crisis Group (ICG) recommended to place all funds pledged to Macedonia under the oversight of a "corruption advisor" appointed by the European Commission. Going All Out to Win a War Conventional warfare is getting to its limits. Soon wars will be fought by robots and on many more fronts, which will render civilization completely immobilized. Positive People Power - Taking Control By Being Proactive NOT Reactive! WE MUST PUT A STOP TO THE EVER-INCREASING PRICE OF OIL!In the last few months the price of many necessities has markedly increased. Sure, we can call it 'inflation' and say it's just a part of life - but it's a component which is slowly but surely strangling all of us, financially. How Dogpoo is Changing The World Perhaps a silent revolution is taking place, this time more than ever literally on your doorstep. Irritatingly literally even. John Roberts - Supreme Court Nominee President Bush's selection of the Hon. John Roberts is an interesting choice. 3D Tactical Image Projection Enhanced Decoy System I propose a special Projection Device code-named: "TIPED". This system will be mounted on a small robotic device, which is either parachuted into the battlespace or pre-planted before the battle. The New Goo Review is Coming Right At You Non-lethal Goo Concepts have been tossed around by many war planners and Advance Weapon Think Tanks as an alternative to lethal force. Impeding the enemy army advancement and rendering them useless in battlespace has several positives. Rugged Individualism vs Human Nature "Rugged individualism" is actually a euphemism for Thomas Hobbes' baseless concept of man's natural condition as a war of everyone against everyone else. Even different species of wild animals (each of which has its own group soul, as opposed to humans, which have individual souls) cooperate with one another for their mutual benefit, so Hobbes would have had us believe that mankind is inherently more bestial than the beasts, perhaps explaining the name of the pop "music" group known as the Beastie Boys. Arson Neighborhood Mobile Watch Program for Summer Fire Season Due to the bizarre weather patterns this winter California got pummeled with rain storms while Oregon and Washington are at a deficit. Nevada and Arizona now have deserts, which have come alive with blooming and greenness. Ronald Reagan is Right Why is it that every single thing government does; it does not do well? Why is it that every single mistake of any real hurt is caused by the government? Why is it that every time government screws up AGAIN, we are told that they will fix the problem? Yah right? When has government ever fixed anything? Ronald Reagan once said the most scary words in the English Language were; "Hi, I'm from the Government; and I am here to help you!" he later said when asked about that quote that he could not recant it and offered advice to anyone who hears it; "RUN" he said.Let's face it you do not have to be Ronald Reagan to know when you are being fed a line of malarkey. Mexican Living: A Disabled Man Speaks for Terri I am an incurably ill American male forced to leave America to afford the medical care I needed. I live in Mexico. An Introduction to the Connecticut State Budget for 2004-2005 The Connecticut Conference of Municipalities (CCM) is interested in the state's budgetary health, so that the conference can estimate how much money the state will transfer to local towns and municipalities. To determine the fiscal health of any state, the first place to examine is expenditures on prescription drugs for the state's Medicaid program. The Dawn On The Nile Valley Has Secrets To Tell! Amnesty International comments on the proposal that has been laid out by President Obasnjo the Chairman of the African Union in regards to the Sudanese Darfurian issue.The Nigerian President proposed to have an "African Panel for Criminal Justice and Reconciliation" to deal with the crimes committed by the dictatorial regime in Sudan. The Glorious Acts of Our Legislature I always have to remember to take a deep breath when examining the laws being proposed by our grand Legislature. I detest most of the new legislation on the table, but have to forgive our representatives in the House and Senate for it. The Gun Control Debate The gun control debate in America is a battle between personal freedom and public safety. For nearly 160 years, there were no limits to the Second Amendment, which guarantees "the right of the people to keep and bear arms. The Gay Male Agenda for Political Dominance I would like to pose a question. I am unsure if you have noticed what I have with regards to Homosexual males in the United States, but sense they are moving their agenda faster and faster and we are seeing more and more Corporations are catering to this group.
|
| home | site map |
| © 2007 |