Few Favor NAFTA Withdrawal

Tuesday, September 12, 2017 2:53 PM Written by 

Seven out of 10 respondents to the latest Steel Market Update market trends questionnaire feel the United States should not withdraw from the North American Free Trade Agreement. Less than 30 percent say the U.S. should follow through on its threats to pull out of the trade pact if it does not win concessions from Canada and Mexico.

"A trade agreement between North American countries makes too much sense,” commented one mill executive. “The worst decision is to withdraw from our local trade pact. We will lose out in the end,” said a trading company executive. "As a consumer, I don't want my price of goods to go up,” added a respondent from a service center.

Free Trial. No Credit Card Required:

  • Steel Industry Newsletter Published 3 Times Per Week
  • Current & Historical Steel & Scrap Pricing Data
  • Access to Members Only Sections of the Website
  • Actionable Market Intelligence
  • We appreciate your privacy and never sell or share your contact information

Rate this item
(0 votes)
Read 242 times
Tim Triplett

Tim Triplett is the executive editor of Steel Market Update. Tim joined SMU after 20 years as editor-in-chief of Metal Center News Magazine. A journalist and business writer for 40 years, Tim holds an MBA from Aurora University. Tim can be reached at Tim@SteelMarketUpdate.com or by phone at 630-513-5916.

Website: https://www.steelmarketupdate.com
You must be logged in to post a comment.