CAFTA Passes the Senate

Discussion in 'Economy' started by Annie, Jul 1, 2005.

  1. Annie
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    Annie Diamond Member

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    http://www.nytimes.com/2005/07/01/politics/01trade.html?th&emc=th

     
  2. 5stringJeff
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    5stringJeff Senior Member

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    Yay for free trade!!! I hope this passes.
     
  3. Big Blue Machin
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    Big Blue Machin Member

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    Don't worry, it will.
     
  4. Isaac Brock
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    Isaac Brock Active Member

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    I wonder how CAFTA as it relates to NAFTA farm subsidies will play out. There now will be increased agricultural pressure both from the north and the south for potentially less costly agricultural and food products. I can see this undermining many farming families in the United States from their traditional standard of living, while call into question the legality and/or economic viability of farm subidies or in Canada's case, the Canadian Wheat Board.

    If over time US farmers do receive increased subsidies in whatever form, it will further weaken their position to sue other ag markets at the WTO like Canadian grain, barley and European imports.
     
  5. Adam's Apple
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    Adam's Apple Senior Member

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