The Emperor’s new NAFTA

On September 30, 2018, the United States and Canada announced they had reached an accord in their renegotiation of the North American Free Trade Agreement (NAFTA). That agreement followed the announcement in August that bilateral negotiations between Mexico and the United States had been concluded....

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Detalles Bibliográficos
Autor principal: Glauber, Joseph W.
Formato: Opinion Piece
Lenguaje:Inglés
Publicado: University of Guelph 2019
Materias:
Acceso en línea:https://hdl.handle.net/10568/145890
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author Glauber, Joseph W.
author_browse Glauber, Joseph W.
author_facet Glauber, Joseph W.
author_sort Glauber, Joseph W.
collection Repository of Agricultural Research Outputs (CGSpace)
description On September 30, 2018, the United States and Canada announced they had reached an accord in their renegotiation of the North American Free Trade Agreement (NAFTA). That agreement followed the announcement in August that bilateral negotiations between Mexico and the United States had been concluded. The new treaty, the United States-Mexico-Canada-Agreement (USCMA), if approved by Congress, will replace the 25-year-old NAFTA, an agreement that President Trump had often derided as the “worst trade deal maybe ever signed anywhere.” So, for the U.S. agricultural sector, how does this “wonderful new Trade Deal...a great deal for all three countries” compare to its predecessor, NAFTA? Perhaps the best thing that can be said about the new USCMA is that, effectively, most of the key provisions of NAFTA will remain largely in place. There are changes – some good, some bad – but the USCMA does not change the bulk of the original agreement. That is a good thing, as most farmers and ranchers agree that U.S. agriculture has benefitted significantly under NAFTA.
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spelling CGSpace1458902025-08-14T17:23:27Z The Emperor’s new NAFTA Glauber, Joseph W. free trade agreements imports milk products exports agricultural sector agricultural products trade tariffs On September 30, 2018, the United States and Canada announced they had reached an accord in their renegotiation of the North American Free Trade Agreement (NAFTA). That agreement followed the announcement in August that bilateral negotiations between Mexico and the United States had been concluded. The new treaty, the United States-Mexico-Canada-Agreement (USCMA), if approved by Congress, will replace the 25-year-old NAFTA, an agreement that President Trump had often derided as the “worst trade deal maybe ever signed anywhere.” So, for the U.S. agricultural sector, how does this “wonderful new Trade Deal...a great deal for all three countries” compare to its predecessor, NAFTA? Perhaps the best thing that can be said about the new USCMA is that, effectively, most of the key provisions of NAFTA will remain largely in place. There are changes – some good, some bad – but the USCMA does not change the bulk of the original agreement. That is a good thing, as most farmers and ranchers agree that U.S. agriculture has benefitted significantly under NAFTA. 2019-02-28 2024-06-21T09:05:17Z 2024-06-21T09:05:17Z Opinion Piece https://hdl.handle.net/10568/145890 en https://www.ifpri.org/blog/emperors-new-nafta/ Open Access University of Guelph Glauber, Joseph W. 2019. The Emperor’s new NAFTA. FARE Share Newsletter February 2019: 5-6. Ontario, Canada: University of Guelph. https://ageconsearch.umn.edu/record/290365
spellingShingle free trade agreements
imports
milk products
exports
agricultural sector
agricultural products
trade
tariffs
Glauber, Joseph W.
The Emperor’s new NAFTA
title The Emperor’s new NAFTA
title_full The Emperor’s new NAFTA
title_fullStr The Emperor’s new NAFTA
title_full_unstemmed The Emperor’s new NAFTA
title_short The Emperor’s new NAFTA
title_sort emperor s new nafta
topic free trade agreements
imports
milk products
exports
agricultural sector
agricultural products
trade
tariffs
url https://hdl.handle.net/10568/145890
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