Once again I miss guided twist Trump bankrupted fa... (
Good Saturday morning eagle,,
Bankrupt farmers,,,, increase in sales... what brought those sales back to the USA, was the severe drought in South America, thank climate change for that.. nothing at all from any planning by the trump mob..
Only thing NATO did was say yes we will pay as we agreed with the Obama administration..
NAFTA.... now, other than the name change, tell me, what differenced are now in the agreement??
Keep in mind that NAFTA was the republican plan after over 10 years of closed discussion..
Via AP news...
But the USMCA doesn’t represent a revolutionary change in regional trade or assure that many Americans stand to receive financial gains. What it does, more than anything, is restore certainty to $1.4 trillion-a-year in North American commerce. And in that way, it could provide some economic benefit.
The pact is Trump’s replacement for the North American Free Trade Agreement, which took effect in 1994. NAFTA slashed tariffs and erased most trade barriers within the continent. In doing so, NAFTA unleashed a burst of trade among the United States, Canada and Mexico.
In the wake of NAFTA, American farmers, in particular, enjoyed increased access to their neighbors’ large markets. But NAFTA also encouraged U.S. manufacturers to move factories south of the border to capitalize on cheaper Mexican labor.