Monday, October 01, 2018

Adios NAFTA, Hello USMCA


Although there are still some legislative hurdles to cross it is goodbye NAFTA (North American Free Trade Agreement) and hello USMCA (United States Mexico Canada Agreement). I believe it was Pres. Trump that took exception to the words ‘free trade’. While it is understandable there are those anxious to claim a winning outcome, it may likely take some time before it is determined that the final document is a win-win-win for all three countries. Pending the complete implementation of the USMCA, expected to be by 2020, it would be helpful to know what the plus, minus and alternative columns add up to so that we can know if the long-term gains will offset the short-term losses. Citizens need that information in order to make a more informed choice at the ballot box.

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