NAFTA’s Future in Question Amidst Gaining Momentum for Trump Impeachment Proceedings
The article discusses the uncertain fate of the new North American Free Trade Agreement (NAFTA) in the United States, with the recent momentum gained by President Donald Trump’s impeachment inquiry potentially threatening its passage. The agreement, known as USMCA, has been negotiated between the US, Mexico, and Canada, but still needs to be ratified by all three countries.
The article cites several experts who believe that the new NAFTA is unlikely to pass in the US due to various factors, including:
- Union skepticism: The United Auto Workers (UAW) strike against General Motors has led to concerns about labor reforms in Mexico and the enforcement of those changes.
- Democratic opposition: Some Democrats may be hesitant to give Trump a win on trade while simultaneously seeking his impeachment.
- Election year politics: With an election looming, politicians may be hesitant to take a tough vote that could alienate their constituents.
Despite these challenges, some experts still believe that the new NAFTA has a chance of passing in the US. However, time is running out, and the fate of the agreement will likely depend on what happens with Trump’s impeachment inquiry and the views of Democratic leadership frontrunners Elizabeth Warren and Joe Biden.
In Canada, Global Affairs Minister Chrystia Freeland continues to follow the ratification process closely, and has spoken to members of Congress from both parties. The Canadian government remains committed to moving in tandem with the US on the agreement.
Overall, the article suggests that the fate of the new NAFTA is uncertain and may depend on a range of factors, including the outcome of Trump’s impeachment inquiry and the views of Democratic leadership.
