manufacturing
NAFTA at 20: The New Spin

NAFTA at 20: The New Spin

The North American Free Trade Agreement (NAFTA), which went into effect on January 1, 1994, was touted as the cure for Mexico’s economic “backwardness.” Promoters argued that the trilateral trade agreement would dig Mexico out of its economic rut and modernize it along the lines of its mighty neighbor, the United States. Fat chance.

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The Failed Expectations of U.S Trade Policy

As the principal negotiator for the landmark market access agreement that led to China’s accession to the World Trade Organization (WTO), I have reflected on whether the agreements we negotiated really lived up to our expectations. A sober reflection has led me to conclude that those trade agreements did not.

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