timelets: (Default)
timelets ([personal profile] timelets) wrote2019-12-15 07:52 pm

International minimal wage

Trump acts like a typical communist because he imposes workers' rights requirements in a treaty with the government of Mexico:
...a new rule mandating that 40% of an auto qualifying for tariff-free trade in the region has to be produced by workers earning $16 an hour. Mandating wage rates ignores the relationship between productivity and output and sets a bad precedent for future trade deals. Mr. Trump is using the mandate to make Mexico less competitive for car production.

https://www.wsj.com/articles/north-american-damage-control-11576444915

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