From the New York Times: Unions Skeptical Trump’s Trade Deal Will Bring Back Auto Jobs
The administration has said its North American trade pact would add 76,000 jobs in the sector. Experts are not so sure.
In his State of the Union address in February, President Trump said the North American trade agreement his administration had negotiated would reverse the flow of auto manufacturing jobs by ensuring “that more cars are proudly stamped with our four beautiful words: Made in the U.S.A.”
But with that deal, the United States-Mexico-Canada Agreement, now almost certain to become law, some analysts and unions are voicing skepticism that Mr. Trump will be able to make good on that grand promise.
“It’s not at all clear that there is going to be a positive effect on jobs in the auto industry,” said Mary Lovely, a senior fellow at the Peterson Institute for International Economics and a professor of economics at Syracuse University. “This is the hard lesson of economics, which is basically there’s a lot of factors here.”