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Small business.(Free Trade Agreement, 1992, United States-Canada-Mexico effecting small units)

The New American

| April 16, 2007 | COPYRIGHT 2007 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NAFTA has been trouble for many small businesses, something businessman Brian Coons, president of Brico Welding & Fab of Chesterfield, Michigan, knows all too well. According to Crain's Detroit Business, a business journal serving the Detroit area, Coons "lost contracts to Mexican and Canadian competitors that he said don't have nearly the wage and health insurance expenses carried by U.S. manufacturers." Low wages in Mexico meant competitors there could undercut prices while favorable exchange rates meant that competitors in Canada could do the same. "NAFTA has drained us dramatically," Coons told Detroit Business. "Let's say I had an aluminum fabrication job, 100 pieces ...

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Source: HighBeam Research, Small business.(Free Trade Agreement, 1992, United...

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