http://articles.baltimoresun.com/1992-12-18/news/1992353055_1_treaty-renegotiate-clinton
Clinton signed the enabling legislation in December 1993:
(Emphasis added.)
Did Congress do that? Not that I recall.
NAFTA was a GOP idea. GHWB signed it - it's kinda hard for him to see it enacted when he signed it, as a lame duck a few weeks before he left office. Bill seemed to try to use it to help people who were already being affected by increased global trade - not a bad idea.
Was there insufficient followup? Maybe. Did NAFTA destroy the US economy? No. Was it a boon for the US? No.
FWIW.
Cheers,
Scott.
Bush signs North American trade pact Clinton says he won't renegotiate
December 18, 1992|By Gilbert A. Lewthwaite | Gilbert A. Lewthwaite,Washington Bureau
WASHINGTON -- President Bush signed the North American Free Trade Agreement yesterday, and his successor-in-waiting Bill Clinton immediately announced that he would not seek the treaty's renegotiation.
Mr. Clinton, in a statement issued in Little Rock, Ark., said the signing represented "an important step" toward the economic integration of North America. He repeated his campaign assertion that there would have to be new job and environmental protections, and safeguards against sudden trade "surges," but these could be settled without renegotiating the treaty with Mexico and Canada before he submitted implementing legislation.
"I will pursue those other things that I think need to be done in the public interest, then I will prepare implementing legislation and try to pass it in Congress," he said.
His new administration would also take domestic action on assisting workers, protecting the U.S. environment, helping farmers, encouraging public participation in consideration of the agreement and closing loopholes for foreign workers, he said.
"I believe these steps do not require renegotiation of NAFTA," said Mr. Clinton, promising to work closely with the two neighboring governments and with congress to "move this process forward."
[...]
Mr. Bush's action yesterday fulfilled the requirements of the "fast-track" legislative process, under which Congress can now only vote the agreement up or down. It cannot change the signed document.
Mr. Bush had to allow Congress 90 days to consider the agreement before signing. Yesterday was the first possible day for his signature. The clock will start ticking again when Mr. Clinton submits implementing legislation to make the necessary changes in U.S. law and tariffs required by the treaty. There is no deadline for Mr. Clinton to take this action, but once he does Congress will have up to 90 legislative days to vote up or down on the implementing legislation or change it.
The vote on the implementing legislation will ratify the treaty, which is due to go into effect Jan. 1, 1994.
Clinton signed the enabling legislation in December 1993:
When I affix my signature to the NAFTA legislation a few moments from now, I do so with this pledge: To the men and women of our country who were afraid of these changes and found in their opposition to NAFTA an expression of that fear—what I thought was a wrong expression and what I know was a wrong expression but nonetheless represented legitimate fears—the gains from this agreement will be your gains, too.
I ask those who opposed NAFTA to work with us to guarantee that the labor and side agreements are enforced, and I call on all of us who believe in NAFTA to join with me to urge the Congress to create the world's best worker training and retraining system. We owe it to the business community as well as to the working men and women of this country. It means greater productivity, lower unemployment, greater worker efficiency, and higher wages and greater security for our people. We have to do that.
We seek a new and more open global trading system not for its own sake but for our own sake. Good jobs, rewarding careers, broadened horizons for the middle class Americans can only be secured by expanding exports and global growth. For too long our step has been unsteady as the ground has shifted beneath our feet. Today, as I sign the North American Free Trade Agreement into law and call for further progress on GATT, I believe we have found our footing. And I ask all of you to be steady, to recognize that there is no turning back from the world of today and tomorrow. We must face the challenges, embrace them with confidence, deal with the problems honestly and openly, and make this world work for all of us. America is where it should be, in the lead, setting the pace, showing the confidence that all of us need to face tomorrow. We are ready to compete, and we can win.
(Emphasis added.)
Did Congress do that? Not that I recall.
NAFTA was a GOP idea. GHWB signed it - it's kinda hard for him to see it enacted when he signed it, as a lame duck a few weeks before he left office. Bill seemed to try to use it to help people who were already being affected by increased global trade - not a bad idea.
Was there insufficient followup? Maybe. Did NAFTA destroy the US economy? No. Was it a boon for the US? No.
FWIW.
Cheers,
Scott.