More than two decades after it came into effect, the North American Free Trade Agreement is being renegotiated. NAFTA’s boosters say it has brought greater wealth to Canada, the United States and Mexico through economic integration, but some politicians—chief among them President Donald Trump—say it has cost millions of jobs. The current talks are being billed as a chance to reassess the agreement’s shortcomings and revamp it for the requirements of the 21st century. WPR has compiled 10 articles detailing what’s at stake for all parties involved. Purchase this special report as a Kindle e-book. Trump’s Gambit Trump Should Look [...]
MEXICO CITY—When President Donald Trump announced his willingness to renegotiate the North American Free Trade Agreement in May, having previously vowed to withdraw the United States from the pact, officials in Mexico and Canada scrambled to rescue a deal that advocates argue has produced overwhelmingly positive benefits for all three members. Indeed, many believe that the talks, which began in Washington in August and will continue through the end of the year, represent a historic opportunity to not only save NAFTA, but also revamp the agreement for the 21st century. Yet on the same day that the negotiations began earlier [...]
While free trade with the United States was the main impetus behind Canada and Mexico’s participation in NAFTA, both sides have benefited from their own bilateral trade relations as part of the deal. Now all three parties are back at the negotiation table, revisiting the agreement that has transformed their economies in so many ways. In an email interview, Dan Ciuriak, a senior fellow at the Centre for International Governance Innovation and former deputy chief economist at the Canadian government’s Department of Foreign Affairs and International Trade, explains what NAFTA has meant to the Canada-Mexico trade relationship and whether their [...]
