The San Diego Regional Chamber of Commerce joined more than 300 state and local business associations from all 50 states in urging the Trump administration to “do no harm” as NAFTA negotiations resumed Wednesday.
President Donald Trump set off alarms in the business community when he told Forbes magazine earlier this week, “I happen to think that NAFTA will have to be terminated if we’re going to make it good. Otherwise, I believe you can’t negotiate a good deal.”
A letter sent Tuesday to Trump and members of Congress reiterated the American business community’s strong support for 1993 North American Free Trade Agreement and the millions of American jobs it supports.
“Business leaders across the country know first-hand that trade with Canada and Mexico has created American jobs, boosted economic growth, and strengthened local economies,” the letter reads. “But we know we can do even more to seize the benefits of trade with our North American neighbors.”
Negotiators for the three countries began meeting in Washington Wednesday for a fourth round of talks.
San Diego business leaders expressed concern about the impact on the local economy if the agreement is terminated.
“San Diego has a thriving economy due in large part to effective trade agreements like NAFTA,” said Jerry Sanders, president and CEO of the chamber. “We support the President’s efforts to negotiate much needed updates to NAFTA. And, we urge the administration to avoid tactics that would damage a partnership that has created so much opportunity for our region.”
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