Small Business Cheers New Trade Deal
Washington, DC (October 1, 2018) – New trade deals with Canada, Mexico, South Korea and other countries put American small businesses in a better position to compete internationally, said the Job Creators Network today.
“With Canada falling into place, the President proved all of the critics wrong,” said JCN President and CEO Alfredo Ortiz. “Unlike his predecessors and the international policy crowd, President Trump, who is a businessman, understands the use of leverage. As a result, American small businesses are now in a much more competitive position.”
Ortiz penned an op-ed in August, which appeared in The Hill, backing the President’s tough negotiating tactics after Mexico agreed to a new trade deal. He noted that the economy has been soaring and manufacturing is on the rebound despite doomsday predictions about tariffs.
“Not only has the stock market shot up, but he economy is growing at a historic rate,” wrote Ortiz.
Nicole Wolter, President and CEO of HM Manufacturing, a transmission parts maker in Illinois, said new trade deals that protect American companies from high foreign tariffs and barriers create more opportunities for her business and its employees.
“I’m ecstatic,” said Wolter. “It’s been very hard to compete in many foreign markets because they treat our products much less favorably than the United States treats theirs. We haven’t had a level playing field in decades. Thankfully, that’s finally starting to change.”
Wolter said that the new trade deal with Canada could force China to make concessions as well.
“The President is isolating China,” she said. “Now, I don’t think the Chinese will have a choice. They’ll have to come back to the table to make a fairer deal with us. That’s very important for American small businesses.”
For more information about the Job Creators Network, please visit www.jobcreatorsnetwork.com.
NOTE: Mr. Ortiz and Ms. Wolter are available for interviews today for the small business perspective.