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Friday, February 17, 2017

What is NAFTA, and what would happen to U.S. trade without it?

President Trump has put the North American Free Trade Agreement — NAFTA — on notice. Canada and Mexico are gearing up to renegotiate the agreement, and Trump has stated that a failure to conclude a renegotiated deal to his liking could lead the United States to withdraw.

Here are five key things you need to know about NAFTA.

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3 comments:

Anonymous said...

We have an $11 billion trade deficit with Canada and a $63 billion trade deficit with Mexico.

I would say those numbers would shrink and globalist corporations wouldn't be able to ship as many jobs to Mexico.

That is a win win

Anonymous said...

Ross Perot had it right. And Bill Clinton got it wrong. Looking at recent events and all the Clinton's illegal fund raising activities that were exposed, one has to wonder if Bill (or Hillary) were paid something for the NAFTA agreement.

Steve said...

It's pretty simple to me. We are trading with 3rd world countries at even steven pricing, which exports all our manufacturing out of the USA. We are making our economy equal to the 3rd world.

Have I said enough? No wonder our manufacturing is running elsewhere. DUH.