BNSF chairman calls on the US to remain in NAFTA

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FORT WORTH, Texas — BNSF Railway’s Executive Chairman Matt Rose published an op-ed in the San Antonio (Texas) Express-News arguing that the United States should not withdraw from the North American Free Trade Agreement.

Leaving would have dire consequences for the state of Texas, he warned, as it would threaten almost 1 million jobs related to the treaty. Nationally, the treaty accounted for 12 million jobs in 2014 alone.

The effects of withdrawing from NAFTA, Rose said, would be particularly magnified in the transportation industry.

"The rail industry takes seriously our critical role in the supply chain as we serve our customers and make sure their products move seamlessly throughout the United States," Rose wrote in the opinion piece. "Our business depends on trade as 42 percent of rail carloads and intermodal units are directly associated with international trade. NAFTA has been a key element in growing that percentage.

President Donald Trump has threatened to pull the United States out of the treaty on multiple occasions. However, doing so requires Congressional approval.

See the original article online.

NEWSWIRETrains News Wire

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