Showing posts from October, 2017

NAFTA 2.0 - Time to Get it Right or Kill It

*Originally published in Lawyer's Daily on October 10, 2017 There is a long list of items that U.S. President Donald Trump has put on his “to kill” list, including Obamacare, Planned Parenthood, the Department of Education, immigration and most recently, NAFTA. Trump called the North American Free Trade Agreement the “worst trade deal ever made” in U.S. history and indicated he may have to kill the deal. Canada’s Prime Minister Justin Trudeau and Mexico’s President Enrique Pena Nieto, on the other hand, are scrambling to renegotiate with Trump in order to save NAFTA. But why the mad rush to feverishly save NAFTA? It’s not like it has widespread support among the people of those three countries and I am sure if the planet had a vote — it would be a resounding no. So what’s the big deal about NAFTA? NAFTA is a legal agreement that came into effect on Jan. 1, 1994, to eliminate most of the tariffs on trade between the three signatory countries with the intention of encour