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In Any Trade Deal, People Must Come Before Corporate Profits

WASHINGTON—Just days before Labor Day, the Trump Administration announced a tentative agreement with Mexico on renegotiating the North American Free Trade Agreement (NAFTA) and currently is in talks with Canadian officials. 

Though the text of the agreement is not yet public, insiders say it marks an important step forward for workers and the environment. 

Our Revolution is part of a broad-based coalition of groups and activists, built over the last 25 years, that opposes job-killing free trade agreements and is fighting for fair trade that puts people over profits. 

Trade agreements like NAFTA, CAFTA, and Permanent Normal Trade Relations with China have cost millions of American jobs—as would the Trans-Pacific Partnership had it not been defeated by our grassroots forces. 

As the negotiations move forward, we cannot accept any deal that does not remove NAFTA’s job outsourcing incentives, and that does not end Investor-State Dispute Settlement (ISDS) —which allows multinational corporations inordinate power to increase profits at the expense of limiting governments’ abilities to protect the environment or workers rights. 

“If in fact ISDS is out and multinationals can no longer go to secret tribunals to sue governments over future lost profits, this is a huge step,” said Our Revolution Board Chair Larry Cohen. “If in fact there are significant improvements on nation of origin that raise wages for workers in key sectors that is huge. Republicans and some corporate Democrats may make this about Trump, but these are the issues we have organized around for years and the Administration simply realizes the political realities.  But, as always, we need to see the details.”

Stay tuned for updates and action items from Our Revolution as the NAFTA renegotiation continues to develop.