per said:
Yep, take my ball and go home. The raw material to make the ball is to the north and the labor is to the south. You didn't use to have a reputation to cut and run. Why start now? Trade is a (although at times unbalanced) two way street. I would suggest that China should be your biggest worry. She will slowly take over your great country much like the US was able to dominate Canada.
China is our biggest concern, but that is only part of the same problem - a huge trade imbalance. We have a huge trade deficit with China because they aren't playing fair, and our politicians won't make them play fair because that will rock the boat for all of our corporations who are making money via China - screw the common citizen.
Free Trade agreements are another huge part of our trade deficits. EVERY Free Trade agreement that we're in has us in a trade deficit, every one, including NAFTA. Free Trade clearly benefits only the importers and weakens the rest of the nations. This begs the question, "Why stay in them?"
Another reason Free Trade must be shucked is the illegality of the wording in them. If you have any respect for the law, you can't support Free Trade as it has been presented. Congressional power can not constitutionally be transfered - and the Constitution is the highest law of the land, not just a "God-Da*#ed piece of paper" as George W. so eloquently put it.