Miriam Sapiro

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Trump's new trade deal with Canada and Mexico is just what we need

The prospects for Congress ratifying a new trade deal with Mexico and Canada improved last month when House Speaker Nancy Pelosi said, "we're moving ahead" and expressed hope for "a continuing path to yes."

No trade agreement is ever perfect. But the United States-Mexico-Canada Agreement (USMCA), the trade deal that could replace the North American Free Trade Agreement (NAFTA), is an improvement over NAFTA in several respects, especially when it comes to workers' rights and the environment.

Drafted in the early 1990s, NAFTA helped grow the US economy — as well as that of Canada and Mexico — and strengthened regional integration to an unprecedented level.…  Seguir leyendo »

The original purpose of tomorrow's U.S.-European Union Summit was to move forward on the Transatlantic Trade and Investment Partnership. Instead, policy on Russia and Ukraine will be the main focus. Yet the connection between those two subjects is closer than you might think: Strengthening the economic alliance between the U.S. and Europe should be part of the West's response to Russian President Vladimir Putin's power play.

A closer economic partnership between the U.S. and Europe is desirable in its own right -- but it can also serve to isolate Russia, especially if TTIP, once done, is expanded to cover Ukraine and other important partners.…  Seguir leyendo »