canada and mexico is no way to go about doing it. this could be devastating for a number of massachusetts industries including an important one, cranberries. we risk having a whole lot of other jobs and industries getting caught up in the cross hairs. this is another example of where this administration comes up with an awful lot of bluster and no plan at all about how to execute on it. apparently this deal fell apart like many other ones have by some sloppy statements by a high administration official. i hope they ve got a clue of what s going on. i hope they are able to get back to the table. canada and mexico, we need, add allies and partners if we re going to try to address some of these other major concerns we have up there. i hope the administration knows what they re doing. they have been negotiating for months and canada and mexico
nafta agreement this administration demanded. they made concessions to a new nafta deal and the white house blows it up. we know there s been internal disputes among the economic and trade advisors. what do we say to mexico and canada, to say nothing of europe and the way this impacts our own jobs? what do we say to americans that are going to be impacted by a tlad war? the reality is our economy is doing well. it s strong as indicated by those numbers. if we re going to go into a trade war and it looks like that is the case with the announcements yet. we re going to be in a trade war with china, in a trade war with europe, in a trade war with canada and mexico. any one of those would have been harmful to our economy but going into a trade war with all three is clearly going to impact on our markets, it s going to impact on jobs that depend on imports and exports and i think
on our streets comes from mexico. if you re serious about addressing an epidemic across america, you have to work closely with our mexican authorities to make sure we re doing all that s necessary to make sure that crop doesn t exist and doesn t come across our borders. trying to create a trade war with mexico at the same time we re trying to work with them to crackdown on heroin is nuts. while this sounds good for a quick press release or bluster about being tough. when you turn back around and on a number of other issues, when o you need both to standing up to china and the real adversary in this is not when it comes to trade is not canada and mexico and europe, it s china. i think the president s geography has been a bit off. i want to ask about the midterms.
you can t just start a trade war with canada about steel because most of our imported oil comes from canada. a lot of our electricity comes from canada. canada is one of the few countries with which america has a trade surplus. a country that america sells more goods and services than it receives. why you d want to start a trade war with mexico and canada, doesn t make any sense. that the president was convinced of the value of that. but the european union is not happy with that. they said there s all sorts of things made in america that they ll consider putting tariffs on. we ll have to face the consequences. for every steel and aluminum worker you protect by doing this, there are 50 work ners indust workers in industries that purchase large quantities of steel and aluminum. the president will point out those who protected. but we won t hear about all the
speaker paul ryan or senator mitch mcconnell. those were tepid responses from them, but they were absolutely scathing that they came out and said those things. just to see both of their statements were very, very telling. ali, when i read about a carveout for mexico and canada, kind of why don t they call it, oh, i don t know, north american free trade, something along those lines? that s exactly the issue. if there wouldn t have been a carveout for canada and mexico, there would have been a line. you can t just start a trade war with canada about steel because most of our imported oil comes from canada. a lot of our electricity comes from canada. canada is one of the few countries with which america has a trade surplus. a country that america sells more goods and services than it receives. why you d want to start a trade war with mexico and canada, doesn t make any sense. that the president was convinced