Monday, August 27, 2018

Jordan Gillette- Trump revises NAFTA and wants to rename it "United States-Mexico Trade Agreement"

https://www.nytimes.com/2018/08/27/us/politics/us-mexico-nafta-deal.html

Summary: Today, August 27th 2018, Trump met with Mexico's trade negotiators about revisiting and revising NAFTA, which Trump has blatantly characterized as the worst trade deal made in history. With the new name being United States-Mexico Trade Agreement, Trump is boldly threatening to put auto-tariffs on products going to Canada if they don't cooperate. On the other hand, Mexico wants Canada in the deal, but because of slight tension between the U.S. and Canada that may not be an option, and this trilateral agreement may become a bilateral agreement. Mexico is working on finding a way to reinforce the trilateral agreement because of the many goods that travel throughout all three countries without tariffs, and to explain how those tariff-less products benefit the general public. The revisions made to NAFTA will become official once all three countries agree upon said revisions, whether it becomes a trilateral or bilateral agreement. Tension within the NAFTA agreement has been escalating over the past few years, and saving it is a necessity.

Analysis: I had only figured out what NAFTA was just last year in AP Human Geography, and I believe that having NAFTA in existence is a great way to maintain peace and efficiency throughout North America. I think it's a good thing that Mexico is trying to keep all three countries within the agreement. Trade between these nations has gradually started to increase, so slapping tariffs on increasing trade may not be beneficial to anyone. This article, written by Ana Swanson, Katie Rodgers, and Alan Rappeport was published today right after this all occurred. This article provides a basic understanding of the North American Trade Agreement to the audience, and gives out enough information to be able to take a side within reason. This can be related back to the initial setup for NAFTA back in the early 80s when Reagan signed the Canada-U.S. Trade Agreement, which originally left out one of the three countries. Now, Canada's the one being left out of a North American trade agreement, and the moral of the story is, everyone is scared of the U.S. therefore U.S. always gets the bigger half of the wish bone.




1 comment:

  1. I agree with the fact that NAFTA maintained peace and efficiency in North America. If tariffs are going to start being put on imports, a lot of conflicts can arise due to no one wanting to pay extra for taxes on the imports.

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