What Is The Primary Purpose Of The North American Free Trade Agreement (Nafta)

Economists generally agreed that the U.S. economy as a whole benefited from NAFTA as it increased trade. [82] [83] In a 2012 survey conducted by the Global Markets Initiative`s Economic Expert Panel, 95% of respondents said that U.S. citizens benefit from NAFTA on average, while none said nafta harms U.S. citizens on average. [5] A 2001 review of the Journal of Economic Perspectives found that NAFTA was a net benefit to the United States. [6] A 2015 study found that social welfare in the U.S. increased by 0.08% due to NAFTA tariff reductions and intra-BLOC trade in the U.S. by 41%. [63] A « secondary agreement » reached in August 1993 to enforce existing domestic labour law, the North American Agreement on Labour Cooperation (NAALC)[39], has been severely restricted. He focused on health and safety standards and child labour law, and excluded collective bargaining issues, and his « so-called [enforcement] teeth » were only accessible at the end of a « long and convoluted » litigation process. [40] Obligations to apply existing labour law also raise questions of democratic practice. [37] Canada`s pro-CANADA, anti-NAFTA coalition, suggested that minimum standards guarantees would be « meaningless » without « comprehensive democratic reforms in [Mexican] courts, unions and government. » [41] However, a subsequent evaluation suggested that NAALC`s grievance principles and mechanisms « have created a new space for advocates to form coalitions and take concrete steps to articulate challenges to the status quo and promote workers` interests. » [42] After the election of President Trump in 2016, support for NAFTA became highly polarized between Republicans and Democrats.

Donald Trump has made negative comments about NAFTA, calling it « the worst trade deal ever approved in this country. » [159] Republican support for NAFTA increased from 43% in 2008 to 34% in 2017. . . .