Thanks for finding this and posting. Whew! I was starting to think from the isolationist rhetoric being posted that the US was DOOMED to communism instead of more capitalism.
Unfortunately, I see none have replied so I guess they didn't think they had to read anything factual that might conflict with their knee-jerk hand-wringing.
CAFTA does not provide new tariff cuts for Central American goods. Already, most textile and apparel products enter the United States duty-free under the Caribbean Basin Initiative (CBI) program.CAFTA allows such duty-free treatment for goods meeting a looser rule of origin--i.e. goods with less U.S. or Central American content--but nothing in CAFTA provides new cost-reducing benefits for the region. It just eliminates the requirement of U.S. fabric and other inputs to make the products that will continue to enter duty-free.
--opening the way for China to overwhelm the textile industry in the western hemisphere.
Yes, I had to read (some) it before I passed some type of judgment. To sum up CAFTA: trading without tariffs - good news for the free traders.
We are a suspicious lot here when it comes to international agreements and treatise - we don't trust any politician, may they trade on our Constitution.