North American (Former) Trade Agreement
By Grace Gillen
President Trump may not be terminating the North American Free Trade Agreement, known as NAFTA, but that doesn’t mean the deal is safe.
“It will probably take time to disable something as complex as NAFTA, so I’m not worried about Trump interfering with it,” senior Samantha Bryan said. “Trade deals do a lot of good for all countries that included.”
Hours after White House officials disclosed on Wednesday that Trump and his advisers had been considering an executive order to withdraw from NAFTA, he said he received telephone calls from Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau.
“[Justin] Trudeau is the kind of person to act as a mediator,” said sophomore Aiden Smith. “It fits that he’s the Prime Minister for Canada, because of, you know, their reputation as being overly nice.”
Mexico, Canada and the United States form one of the world’s biggest trading blocs, and trade disruptions among them could adversely affect agricultural, automotive, energy and other sectors in all three countries.
“There would definitely be a lot to lose from leaving a major agreement like this, but America was built on risks and sometimes we forget that,” senior Pagie Williams said.
Whatever the president’s criticisms, NAFTA has had a major impact on the American economy in the decades since it was signed, and any renegotiation would affect certain industries for everyone involved.
CBS News reported that Trudeau told the press Thursday that he was always going to defend Canada’s interests without confrontation, but in a “firm but responsible and polite way.”
“One interesting thing about Trump’s policies is that he really does commit to what he thinks will be best for the people overall,” freshman Ethan Stamp said.
The long standing trade deal lives to see another day, but for how long remains to be seen.