New trade agreement must include public health, environmental protections | Letter

Renegotiation of the North American Free Trade Agreement (NAFTA) is underway. Imperative for U.S. negotiators is the removal of controversial NAFTA provisions that gave multi-national corporations immense powers to to attack environmental and consumer safety laws which corporations deem detrimental to their business model and to offshore American jobs.

Perhaps the most egregious chapter of NAFTA is the Investor-State Dispute Settlement (ISDS). Under this provision of NAFTA multi-national corporations have the right to sue for the loss of anticipated future profits before a tribunal of three corporate lawyers. The tribunal’s decisions are not subject to appeal.

For more information refer to www.tradewatch.org.

These 1994 NAFTA trade provisions, coupled with 1995 World Trade Organization agreements, precipitated the loss of more than 79,000 Washington jobs according to the Trade Adjustment Assistance program. Americans nationwide have experienced the loss of nearly five million manufacturing jobs. This “free trade” agreement has driven down wages and created record trade deficits.

The Center for Economic and Policy Research found that a majority of Americans have experienced wage suppression of 12.2 percent. In 2016, the trade deficit for American goods rose to $173 billion.

A new trade agreement must include enforceable labor and environmental standards which protect us all from corporate greed. Replacing NAFTA is essential to creating a global economy which benefits working families instead of corporate elites.

Linda Bock

Sammamish

More in Letters to the Editor

Letters to the Editor, Oct. 19, 2018

Carbon tax; gun laws; District 8

Letters to the Editor, Oct. 12, 2018

District 8 race opinions; Criticism of President

Letters to the Editor, Sept. 28

Letters to the Editor from the Sept. 28 issue

Letters to the Editor, Sept. 21

Letters to the Editor from the Sept. 21 issue.

Common ground to build on | Letter

National divisiveness?

Who is responsible for national divisiveness? | Letter

If you had to name just one person whom you thought was… Continue reading