The leader of the U.S.
Chamber of Commerce says the wrong move on trade policy poses serious risk to
economic growth. In the annual “State of American Business” address, Chamber
President and CEO Tom Donohue says that if the U.S. is not leading on trade,
“we’re falling behind.” He reasserted the business communities strong support
for modernizing the North American Free Trade Agreement, rather than
withdrawing from the agreement. The U.S. Chamber largely agrees with the
majority of agriculture, which seeks careful modernization of the trade
agreement, under the slogan “do no harm” to farmers and ranchers. Donohue did
say that tax reform and regulatory relief, the same two issues championed by agriculture,
have helped usher in a “new era of growth.” He also called for immediate action
to modernize the nation’s infrastructure.
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