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Free trade free-for-all
11-Jun-2005 BoiseWeekly
US farmers are already sitting on 700,000 tons of surplus sugar nationally, stockpiled as the result of deals like the North American Free Trade Agreement (NAFTA) and pacts with the World Trade Organization. Farmers must store the surplus at their own expense and fear those tons could multiply under a CAFTA deal.
Will CAFTA be a boon to farmers and the food industry? NAFTA’s failed promises are doomed to be repeated
3-Jun-2005 Economic Policy Institute
Promoters of the proposed Dominican Republic/Central American Free Trade Agreement (CAFTA) have asserted that it will provide significant benefits to the U.S. economy, especially to the agricultural sector. Similar promises were made in the debate on the North American Free Trade Agreement in 1992 and 1993. However, since that time NAFTA has failed to live up to these promises, and similar promises made for CAFTA are even less likely to be fulfilled.