Posted on 02/02/2017 1:57:03 PM PST by davikkm
NAFTA, since its inception has been one of the most controversial trade agreements in the world. In its essence, it was bound to create some disturbances and radical shifts in the economies of the three nations- Canada, USA, and Mexico. However, NAFTA is now mostly discussed because of a seemingly unavoidable trade war between Mexico and US, an unfortunate event for regional and global trade if it happens.
President Donald Trump has repeatedly spoke about building a wall along the Mexico border that would keep illegal migrants from Mexico away. Trump is right in suggesting that Mexico has taken more advantage of the NAFTA than the USA. It is to be noted that after a 1994 financial crackdown of Mexico, the country has enjoyed a surplus trade deficit with the US. This clearly signals that Mexicans now enjoy more wealth, thanks to massive American investments in the country. In fact, Mexico became the automobile part supplier nation for the US because Ford, General Motors and others invested in cheaper resources in the southern land.
(Excerpt) Read more at investmentwatchblog.com ...
Abolish NAFTA.
Mexico is a very rich country in natural resources and population. Its their corrupt government and drug cartels that make them a mess.
Mexigo (Nexttogo) is a lot like Cuba in the `50s.
The castilos don’t want to rub elbows with the indios.
Secure the border. Let it happen.
The ‘Lil general, H. Ross Perot in 1992 was right. The sucking sound he predicted was actually a vacuum cleaner.
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