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UPS CEO says updated NAFTA better for economy than no trade treaty
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<blockquote data-quote="cheryl" data-source="post: 3139124" data-attributes="member: 1"><p><a href="https://www.reuters.com/article/us-ups-ceo-nafta/ups-ceo-says-updated-nafta-better-for-economy-than-no-trade-treaty-idUSKBN1CN2HZ" target="_blank"><strong>UPS CEO says updated NAFTA better for economy than no trade treaty - Reuters</strong></a></p><p></p><p>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.</p><p></p><p>“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.</p><p></p><p>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.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3139124, member: 1"] [URL='https://www.reuters.com/article/us-ups-ceo-nafta/ups-ceo-says-updated-nafta-better-for-economy-than-no-trade-treaty-idUSKBN1CN2HZ'][B]UPS CEO says updated NAFTA better for economy than no trade treaty - Reuters[/B][/URL] 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. [/QUOTE]
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