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Senior Contributor

NAFTA demise would cost jobs

According to this outlook from a Michigan based think tank scrapping Nafta would result in less choice in autos and more expensive autos that were still available.

A car plant in Mexico increases jobs in the US too.


Probably too complicated economics for Trump.


Pulling out of NAFTA could cost the U.S. economy more than 30,000 jobs in the auto sector alone, and lead to higher prices and less choice for American customers, an automotive research think-tank says.

A new report from the Michigan-based Center for Automotive Research (CAR) concludes president-elect Donald Trump's oft-repeated plan to tear up or renegotiate the North American Free Trade Agreement, and slap punitive tariffs of as much as 35 per cent on U.S. companies offshoring their production, would do little to spur U.S. jobs production, and in fact would likely lead to a sharp loss.

Trump has repeatedly told automakers to expand their U.S. production facilities instead of ramping up in Mexico or elsewhere, or they could face the consequences. But the report by CAR, which calls itself an independent, non-profit, research organization, suggests the reality of cross-border trade in the automotive sector sees Americans coming out ahead on virtually every front.

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Senior Advisor

Re: NAFTA demise would cost jobs

Same outfit push peegate after it had been throughly debunked. Wolf, wolf, I see a wolf.