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Who Are The Winners And Losers In The North American Free Trade Agreement (Nafta)

Who Are The Winners And Losers In The North American Free Trade Agreement (Nafta)

16/10/2021 • Under: Sin categoría

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The result is that the USMCA is expected to create 176,000 new jobs in the United States and labor rights in Mexico will expand. A committee will monitor Mexico`s progress, and if the country does not meet certain benchmarks, there will be punitive measures. China – This is likely to be negative for China. There is the momentum of Trump and Lighthizer in trade. With Trump already having a big trade gain ahead of the 2020 presidential election, there is less pressure on him to strike a deal with China now. But while Mexico is «beating us economically» in the commercial sense, imports were not the only ones responsible for the real growth in commodity trade of 264% from 1993 to 2016. .

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