By Luis de la CalleU.S. Secretary of Commerce Wilbur Ross published an important op-ed (These NAFTA rules are killing our jobs) in the Washington Post this past Friday, September 22nd. Secretary Ross and the Commerce Department he leads make several mistakes in their analysis. All electronics and high-tech imports enter the United States duty free from any country around the world. Furthermore, the United States has negotiated a large number of trade agreements with 18 other countries around the world and these economies have increased their market shares in the United States. Third, the Secretary dismisses the contribution joint production makes to the North American auto industry.

Source: Forbes October 04, 2017 14:03 UTC