and I think this has plagued many trade agreements is that US had put the “spread”’of capitalism and democracy above our best interests. in and of itself, trade deficits are not a big deal...until
it gives another country great influence on our financial and labor markets. China has reached that point, as did japan 20-30 years ago. beyond free and fair trade, the US should limit agreements that do not contain our set of rules and regulations. other countries always will win, as ross perot pointed out, when they don’t have to worry about labor laws, pollution and other workplace regulations.
This message has been edited 2 time(s).