The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. It eased restrictions on commerce between the United States, Canada and Mexico by providing duty-free trade on multiple classes of goods and introducing new regulations to encourage cross-border corporate investment.

In a survey of leading economists, 95% supported the notion that on average, US citizens benefited on NAFTA. In 2015, the Congressional Research Service concluded that the "net overall effect of NAFTA on the U.S. economy appears to have been relatively modest, primarily because trade with Canada and Mexico accounts for a small percentage of U.S. GDP.

However, the migration of workers from Mexico City and further south in numbers not easily accommodated in small border towns produced overpopulated slums with high living costs for the Mexican workers. Nonetheless, some argue that the competition between Asia and the U.S. could have become worse without the temporary low-cost labor available to U.S. companies in Mexico. NAFTA may have eliminated tariffs between the U.S., Canada and Mexico, but it didn't do away with the numerous customs regulation that can stifle trade. Rule of origin regulations decide whether a good qualifies for trade under NAFTA guidelines, and exporters must complete certificate of origin paperwork.

Republican presidential front-runner Donald Trump says he wants to be able to slap tariffs on U.S. companies that choose to make their products overseas, and he's willing to violate existing trade deals to do it. "We will either renegotiate it or we will break it," Trump said of the landmark free trade agreement between the U.S., Canada and Mexico, panning it as "a disaster." - Trump said.

Latest news on NAFTA & the Economy

Neil Woodford funds: when will investors get their money back'
Investors in this fund will get their money back in stages, but should brace themselves for heavy losses ' and it could be a year or more before the final ...
>> Read more here

Virgin money
Find your ideal job at SEEK with 5 virgin money jobs found in All Australia. View all our virgin money vacancies now with new jobs added daily!
>> Read more here

DEA investigating after suitcase full of money found during Jasper County traffic stop
JASPER COUNTY, S.C. (WSAV) ' A Jasper County traffic stop on Interstate 95 is now a drug investigation after thousands of dollars in drug money ...
>> Read more here

'Morals over money': Waitress fired after refusing to serve transphobic customers
r/news: /r/news is: real news articles, primarily but not exclusively, news relating to the United States and the rest of the World. /r/news isn't '
>> Read more here

Us Dollar Exchange Rate
Daily US dollar foreign exchange rates and performance information. Our currency rankings show that the most popular United States Dollar ...
>> Read more here

5000 naira to usd
Get details of properties and view photos. Today's (Saturday, October 12, 2019) US Dollar to Euro exchange rate. This is the page of Zambian Kwacha ...
>> Read more here

Lbp Currency
Our currency rankings show that the most popular Lebanon Pound exchange rate is the LBP to USD rate. 3 character alphabetic and 3 digit numeric ...
>> Read more here

Obama and the economy
Obama economy
Putin and the economy
Putin economic
Greenspan Economics
Alan Greenspan economics
The FED and the economy
Federal Reserve economy
International Monetary Fund
IMF economics
World Bank & the economy
World Bank economy
Deutsche Bank
Deutsche Bank economy
European Union economy
European Union economy
China economy
China economy
NAFTA and the economy
NAFTA and the economy
GOLD in the economy
GOLD in the economy
SILVER in the economy
SILVER in the economy