On Monday, Toyota said it will build a new US$3.6B plant in San Antonio, Texas, and move some production of its Tacoma pickup truck out of its Mexico plant over a four-year period.
The reality is when NAFTA was originally signed, hundreds of US companies shut down and moved across the border. Why? Same reason they won’t move back, paying workers on a lower dollar value and not having to pay US medical insurance.
From a US perspective, NAFTA/ USMCA did lose them jobs and was not good for the country, however, Republicans and Democrats did nothing to control US medical insurance costs, which makes US labor impossible.
The reality is when NAFTA was originally signed, hundreds of US companies shut down and moved across the border. Why? Same reason they won’t move back, paying workers on a lower dollar value and not having to pay US medical insurance.
From a US perspective, NAFTA/ USMCA did lose them jobs and was not good for the country, however, Republicans and Democrats did nothing to control US medical insurance costs, which makes US labor impossible.