On the basis of the News on page 466, how do U.S. furniture manufacturers feel about NAFTA? How about farmers?
Please answer the following questions.
1. Suppose we reused to sell goods to any country that reduced or halted its exports to us. Who would benefit and who would lose from such retaliation? Can you suggest alternative ways to ensure import supplies?
2. On the basis of the News on page 466, how do U.S. furniture manufacturers feel about NAFTA? How about farmers?
3. Why did President Obama pursue “Buy American” rules if they actually hurt the economy?
4. Who gains and who loses from nontariff barriers to Mexican trucks? What made President Obama offer renewed negotiations?
5. Has the tariff on Chinese tires affected you or your family? Who has been affected?
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