Question
Before the North American Free Trade Agreement (NAFTA) was signed, there was a great discussion at all levels. Congress, the unions, the public, the President,
Before the North American Free Trade Agreement (NAFTA) was signed, there was a great discussion at all levels. Congress, the unions, the public, the President, offered their views. The Agreement finally came into force in 1994. Free trade agreements do not affect everyone equally; That is why their signatures involve "heated" discussions; to the point that the current President of the United States, Mr. Donald Trump proposed the renegotiation not only of NAFTA, but of all trade agreements signed, including those with the European Economic Community, and challenged China by imposing tariffs on imports of goods and services from that country. In December 2018, the United States, Mexico and Canada signed an agreement: the United States, Mexico and Canada Agreement (USMCA), which replaced NAFTA.
Is it a good idea for the United States to have signed the USMCA with Canada and Mexico?
What are some of the arguments in favor?
What are some of the arguments against?
If you had been able to participate in the vote, would you have voted for or against the signing of the NAFTA treaty or its replacement by the USMCA?
How will the imposition of tariffs imposed by President Trump on the importation of aluminum into the United States affect you as a consumer? Why?
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