Renegotiation of NAFTA


Francisco Acuna, Reporter

One of the main points of President Trump’s campaign was to renegotiate the “worst deal ever made”, known as NAFTA.

For those of us who don’t know, NAFTA stands for North American Free Trade Agreement, and is an agreement that allows trade without barriers between the U.S., Mexico, and Canada.  When the agreement was made in January of 1994, it created one of the world’s largest free trade zones, and created a foundation for a prosperous future for the three North American countries. Today, an estimated $1.4 billion  in goods cross the United States-Mexico frontier daily.

The Peña Nieto administration of Mexico is ready to negotiate, though many Mexican people are beginning to worry about their foreign investments and trade.

One of President Trump’s main intentions is to place a 35% tax on goods such as automobiles produced in Mexico and sold in the United States. President Trump belives that the American people are losing jobs to Mexico, and its people. “Approximately 800,000 jobs were lost to Mexico between 1997 and 2013. However a nonpartisan report by Congress published in 2015 found ‘NAFTA did not cause the huge job losses feared by the critics.’ And there’s analysis that shows Americans have lost more jobs to machines and automation than to Mexico.” (CNN).

So, who wins from NAFTA? Well, it depends on how you look at it. Many U.S. companies benefit from producing in Mexico as it is cheaper, allowing Americans to pay less for goods. Killing NAFTA could cost Americans jobs that depend on free trade. “It’s a bit of a stressful time right now. If NAFTA gets taken down, then I’ll be out of job, and so will many others,” said Tucson local, Manolo Barredo whose work consists of driving trucks that import Mexican goods to Mexican-American chains such as Food City and El Super.

Sources: New York Times, El Diario De Sonora, La Cronica De Hoy CDMX, CNN