Select Page

Those who mourn the loss of well-paying factory jobs for low-quality workers in sectors such as auto and textile industries are generally not impressed by statistics citing NAFTA-induced growth in better quality jobs. These critics of NAFTA argue that the U.S. should still have many middle-class jobs for those without a college degree. If NAFTA had only been a “free trade agreement,” it could have been written on a few pages. Instead, it was more than a thousand pages of complex rules that gave corporate investors – who dominated all sides of the negotiating table – privileged access to the U.S. market for goods produced in Mexico, where wages are low and regulations are weak. Released in July 2018, it is likely that congressional approval of substantial CHANGES to NAFTA would have to be obtained from President Trump before the changes can be implemented. [145]:34–6[149] The objective of NaFTA was to remove barriers to trade and investment between the United States, Canada and Mexico. The introduction of NAFTA on January 1, 1994 resulted in the immediate elimination of tariffs on more than half of Mexico`s exports to the United States.

. . .