(Worthy News) - President Trump on Monday checked off a major campaign promise that seemed impossible when he made it: rewriting the 24-year-old North American Free Trade Agreement with Canada and Mexico.
A weekend of hard bargaining got Canada at the last moment to join a U.S.-Mexican deal, retaining a three-way agreement to govern the $1.2 trillion in annual trade among the countries.
The deal aims to revive U.S. manufacturing jobs, open markets to American agriculture and add restrictions to Mexican and Canadian products entering the U.S. Mr. Trump obtained long-sought concessions from Ottawa to open its restrictive dairy markets and refrain from currency manipulation. Canada was able to protect an independent panel to adjudicate trade disputes that the U.S. wanted to eliminate. [ Source: Washington Times (Read More...) ]
Copyright 1999-2018 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.