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Twenty Years Later, Nafta Remains a Source of Tension
Keywords:
An assessment of progress in free trade and generating jobs in N. America under the NAFTA agreement between the U.S., Canada and Mexico. The agreement was signed under President Clinton in 1994. NAFTA removed existing tariffs on over half of the exports from Mexico to the U.S. and phased out remaining tariffs between the U.S., Canada and Mexico. The U.S. had two way trade of $918 billion with Canada and Mexico in 2010, according to the Office of the U.S. Trade Representative. Canada is the U.S.'s top trading partner, with $462 billion in trade through Sept. 2012, and U.S. trade with Mexico- expected to overtake China- is at $369 billion in the same 9 month period of 2012.
North American Free Trade Agreement (NAFTA)- An Assessment
10/30/2010
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Twenty Years Later, Nafta Remains a Source of Tension
New York Times 12/07/2012
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Chinese Purchases of Japan Brands Fall
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Robert Lighthizer and other experts call for trade and globalization practices that work for the U.S.
01/06/2010
The failure of the establishment of both parties in the USA to take action in the face of the loss of 5.6 million jobs in the last decade, with $4.3 trillion in trade imbalances. An issue which resonates with voters in the US and could lead to a fundamental realignent of American attitudes to globalization and free trade. The feeling that the free-trade deck is stacked against the USA by Asian countries. China's efforts to keep the yuan dollar exchange rate at levels that favor exports. China's accumulation of over $3 trillion in dollar reserves that are parked mostly in Treasury's that keep U.S. interests low. Distortons in the global economy from the failure to rebalance the world economy hurts China and the U.S.
Grouped Articles
Wall Street Journal 10/04/2011
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New York Times 09/30/2010
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The Engine That Pulled Us Out of Recession
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New York Times 01/26/2016
Michael Boskin on the pressing need for a free trade agreement between India and Pakistan
01/06/2008
Boskin says trade models suggest that with normal trade under a free trade agreement India and Pakistan's trade would grow from $2.7 billion today to $50 billion, and be 20 times larger. India-Pakistan trade is smaller today than trade between India and Sri Lanka. Boskin was head of the elder U.S. president Bush's Council of Economic Advisors and instrumental in setting up the North American Free Trade Agreement (NAFTA).
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A Summer of Troubles Saps Indiaâs Sense of Confidence
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Ex-Envoy Says Misunderstanding Runs on Both Sides of U.S.-Pakistan Ties
New York Times 10/22/2013
Pakistan to Ease India Trade Limits
Wall Street Journal 03/01/2012
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07/01/2010
Grouped Articles
Does America Need Manufacturing?
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Andy Grove: How America Can Create Jobs
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Bayer: Pressure on Prices Has Bad Side Effects
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A part-timer boom, or blip? - The Washington Post
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Why Manufacturing Still Counts in the U.S. Economy
Wall Street Journal 01/14/2015
U.S.-Colombia Free Trade Agreement
04/06/2011
Grouped Articles
Latin American geoeconomics: A continental divide
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Weak Peso Waters Colombia's Garden
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Colombian President Juan Manuel Santos Wins Re-Election
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U.S.-Colombia Trade Pact Opens Path for Passage of Korea, Panama Deals
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Colombia Labor Plan Helps Break Trade Impasse
New York Times 04/06/2011
The Benefits of a U.S.-Colombia Free-Trade Deal
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