Global stock and currency markets are reacting to news the Trump administration may be preparing to withdraw from the North American Free Trade Agreement.
The Canadian government is reported to see an increasing chance the US will give a six-month notice that it plans to leave the bloc.
NAFTA allows more than a trillion dollars in free trade between the US, Canada and Mexico a year.
University of Florida economist Spiro Stefanou says President Trump believes the 1994 agreement puts US companies and agriculture at a disadvantage.
IN: "The current…
OUT: … import them"
DUR: 18 seconds
CLIP: http://www.fsnradionews.com/feeds/0111NAFTA-Stefanou.mp3
ALT: University of Florida economist Spiro Stefanou says the US economy has generally benefited from membership of NAFTA by giving American industries unfettered access to Mexican markets.
IN: "On balance…
OUT: … down there"
DUR: 10 seconds
CLIP: http://www.fsnradionews.com/feeds/0111NAFTA-Stefanou2.mp3
ALT: University of Florida economist Spiro Stefanou says many sectors of the US agricultural industry strongly oppose any move to withdraw from NAFTA.
IN: "NAFTA is….
OUT: … that gap"
DUR: 17 seconds
CLIP: http://www.fsnradionews.com/feeds/0111NAFTA-Stefanou3.mp3
ALT: But Lisa Lochridge from the Florida Fruit and Vegetable Association says cheaper Mexican agricultural products have an unfair advantage over those grown in the US.
IN: "Their ability….
OUT: … a year"
DUR: 9 seconds
CLIP: http://www.fsnradionews.com/feeds/0111NAFTA-Lochridge.mp3
ALT: Lisa Lochridge from the Florida Fruit and Vegetable Association is pleased the Trump administration is addressing unfairness in the trade relationship between the US and Mexico.
IN: "We've endured…
OUT: … United States"
DUR: 26 seconds
CLIP: http://www.fsnradionews.com/feeds/0111NAFTA-Lochridge2.mp3
The latest short-form news audio from FSN Bureaus worldwide