Negotiating NAFTA
08/21/2017 |
Overhauling NAFTA may be very hard. First, unlike Obamacare, Congress likes NAFTA. Second, as Trump is unpopular in Canada and loathed in Mexico, granting significant concessions to the US may be politically impossible. Third, the concessions Canada and Mexico made in the Trans-Pacific Partnership were easier as both nations wanted access to the many other TPP nations. Lastly, tariffs in Canada and Mexico will rise if NAFTA is abandoned.