“The idea that trade is bad is crazy,” said U.S. Secretary of Commerce Penny Pritzker, less than a day after the second U.S. presidential debate took place, during which candidates bickered over topics including trade.
Pritzker, who was speaking at the O’Reilly Next: Economy conference in San Francisco on Monday morning, presented what could be construed as a rebuttal of much of the rhetoric from Republican nominee Donald Trump’s campaign, which has lashed out against current U.S. trade agreements like the North American Free Trade Agreement, signed in 1994 by President Bill Clinton.
“The idea that we’re gonna pull up the drawbridge of put up walls […] doesn’t make any sense,” she continued. For one, explained Pritzker, “many inputs that we need come from other places,” so shutting down trade would simply jeopardize the businesses of thousands of U.S. companies who rely in imports for their own products.
Source: http://fortune.com/2016/10/10/penny-pritzker-pro-trade/
