UPS CEO says updated NAFTA better for economy than no trade treaty

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 18, 2017.

  1. cheryl

    cheryl I started this. Staff Member

    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.