new york rhetoric free trade likely u.s. presidential nominees pose risk economy consumers would lose international trade restrain chief executive large u.s. railroad say thursday global trade get fair shake dialogue union pacific corp unp.n ceo lance fritz say discussion reuters journalists devolve form populism rhetoric strike lot negative consequences free trade agreements impact u.s. workers major theme 2016 campaign presidential election nov. 8. presumptive republican nominee donald trump criticize north american free trade agreement nafta promise rip trans-pacific partnership tpp trade deal hillary clinton likely democratic nominee criticize partnership deal sign february yet congressional approval omaha nebraska-based union pacific grow business serve cross-border trade mexico past decade report increase shipments containers full consumer goods many come asia fritz say candidates argue nafta bad thing even though trump vocal clinton warn lose job foreign competition threaten slap tariff import goods concern fritz say tell u.s. public free trade bad idea patently interest u.s. consumer worry think what-ifs fritz say ask company would deal trump clinton administration hop get little clarity get close election start make sense plan around it fritz serve union pacific ceo since february 2015 also note despite low fuel price u.s. consumers still take slack broad economy see strong consumer little say fritz say know railroad would meet target operate ratio measure efficiency 55 percent ratio express operate expense percentage revenue low figure good go get soon reasonable fashion say union pacific post first-quarter operate ratio 65.1 percent u.s. railroad generally significantly high operate ratio 58.9 percent report first quarter canadian pacific railway ltd cp.to canadian national railway co cnr.to fritz also say union pacific would anti-collision system mandate congress place deadline 2018. company would need two one-year extensions allow debug positive train control ptc system add last year congress extend deadline system implementation beyond 2015 despite opposition lawmakers follow fatal amtrak crash pennsylvania may 2015. u.s. election 's anti-trade tone 'concerning union pacific ceo