Viewing entries tagged
lumber

The Fate of Friendship: Renegotiating NAFTA in the Time of Trump

The Fate of Friendship: Renegotiating NAFTA in the Time of Trump

Presented and defended by: Blake Schierman

Abstract

In following through with his electoral promises, President Donald Trump is attempting to do what many trade observers never thought possible — renegotiate NAFTA. The monumental achievement of NAFTA stands nearly 25 years old, a proud testament to the advancement of free trade and international cooperation. This summer, however, preliminary talks are now underway to begin renegotiations, and the once-solid treaty is now in question.

Amidst fears of outsourcing and trade deficits, particularly with notable partners he has strongly criticized, Trump has vowed harsh measures to stem these perceived threats. In addition to Mexico being one of his prime targets, he has also accused certain Canadian industries of unfair trade practices supposedly detrimental to their US counterparts. Though Canada does not appear to be the primary cause for renegotiating NAFTA, it is nonetheless vulnerable to the harsh consequences that may ensue.

Link to Post