The ACCF firmly believes that international trade is critical to U.S. economic growth. Most economists agree that the benefits from free trade outweigh any resulting job loss and that appropriate domestic policies such as trade adjustment assistance can help shore up any domestic labor impact. Most trade agreements have resulted in overall job growth in the U.S. and increased manufacturing output. The right trade policies can provide a boost to U.S. productivity and our international competitiveness.
ACCF Senior Vice President and Chief Economist Dr. Pinar Cebi Wilber praised the bipartisan deal struck by House Democrats and the White House on the USMCA trade agreement.
On October 22, 2019, the ACCF hosted an Economic Policy Evening on "The Future of the USMCA and Its Impact on the North American...
President Trump should not give in to Democratic demands to renegotiate more draconian measures supported by American labor unions and the extreme “green” groups, which could become poison pills in this carefully crafted deal.
Research & Publications
There is no question about the importance of the North American trade pact to the economies of the three parties, as outlined by a recent ACCF report. Unfortunately, the pact’s economic merits have not been enough to motivate a speedy ratification by the U.S. This short report looks at the issues raised by the Democrats as a stumbling block for ratification and other concerns about the future of USMCA emerging due to the uncertainty created by Chinese trade war.
A new ACCF report outlines the case for USMCA ratification while cautioning against NAFTA termination
INTRODUCTION Alaska’s prospect for short and long-term economic growth is in jeopardy, as efforts to unlock the full potential of the state’s energy resources have...