UPS CEO says updated NAFTA better for economy than no trade treaty - Reuters
The top executive of United Parcel Service Inc said on Wednesday he is optimistic the U.S., Canadian and Mexican governments can successfully renegotiate NAFTA, and said not having a free trade agreement in place would not be good for the three countries’ economies.
“I‘m still optimistic, but I think we’re going to have to go through some difficult times just because each of the countries has issues specific to them,” UPS CEO David Abney told Reuters.
If a renegotiated treaty stimulates the economy, creates jobs and levels the playing field for the United States “then the North American market as a whole will be much stronger than without a free trade agreement,” he said.
The top executive of United Parcel Service Inc said on Wednesday he is optimistic the U.S., Canadian and Mexican governments can successfully renegotiate NAFTA, and said not having a free trade agreement in place would not be good for the three countries’ economies.
“I‘m still optimistic, but I think we’re going to have to go through some difficult times just because each of the countries has issues specific to them,” UPS CEO David Abney told Reuters.
If a renegotiated treaty stimulates the economy, creates jobs and levels the playing field for the United States “then the North American market as a whole will be much stronger than without a free trade agreement,” he said.