NAFTA coincided with a wider period of change for Mexico as the country sought to rebuild after its infamous “Lost Decade.” These changes have fundamentally transformed Mexico. Exports have grown by more than 500 percent since 1993 thanks to growth in manufacturing. Mexican universities are increasingly producing high-skilled workers while firms in the aerospace, tech, […]
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Trump deserves thanks for galvanizing support for NAFTA
The border region has at least one thing to thank President Trump for – galvanizing elected officials and the business community to speak out in favor of the North American Free Trade Agreement. This is the view of Alan D. Bersin, global fellow of the Woodrow Wilson Center and former commissioner of U.S. Customs and […]
Cargill CEO says worst case for NAFTA is ‘torn-up’ pact
NEW YORK (Reuters) – The worst case outcome for ongoing negotiations between the United States, Canada and Mexico to re-work the North American Free Trade Agreement is that the trade pact is “torn up,” Cargill Chief Executive David MacLennan said on Wednesday. About 10 percent of the company’s revenues are related to NAFTA, MacLennan, the […]