Late in the evening of 30 Sep 18, a tentative agreement was struck between Canadian and American negotiators for a revision of the 1994 NAFTA treaty. It was the fulfillment of a campaign promise by Donald Trump to renegotiate NAFTA, having called it the worst trade deal ever for America. He is not the only one to feel that way, and we will get to why shortly. NAFTA has had its detractors across North America. On 27 August the US and Mexico reached agreement of terms for a renegotiated NAFTA, having sidelined Canada and thus increasing pressure on Canadian negotiators to either agree to a new deal or abandon NAFTA altogether. With the agreement reached at the end of last month, the scene is set for the implementation of the United States-Mexico-Canada Agreement – dubbed the USMCA, thus easing tensions in what had been an increasingly acrimonious relationship between the Trump administration and the Trudeau government over trade. As with the original NAFTA treaty, there are people who see pros and cons on all sides. But the point of real interest here is the study of Trump’s bullying tactics and a look at the astrology between Canada, the US, Trump and the original NAFTA treaty, the latter of which is actually quite interesting. Continue reading “Those Canucks and their grumpy Uncle, or NAFTA v. 2.0”
Those Canucks and their grumpy Uncle, or NAFTA v. 2.0
