Tag: nafta

September 30, 2018 0

Ronald Reagan on Free Trade


“The expansion of the international economy is not a foreign invasion; it is an American triumph.”

September 1, 2017 0

Trade, Jobs, and Politics: Why Do Americans Think The U.S. Is Losing a Game That It Is Actually Winning?


In the years since NAFTA, U.S. trade with its North American neighbors has more than tripled, growing more rapidly than U.S. trade with the rest of the world. Canada and Mexico are the two largest destinations for U.S. exports, accounting for more than a third of the total. Most estimates conclude that the deal had a modest but positive impact on U.S. GDP of less than 0.5 percent, or a total addition of up to $80 billion dollars to the U.S. economy upon full implementation, or several billion dollars of added growth per year.