How Mexico and Canada saved NAFTA
Back in July, it would have been impossible to predict that the talks to renegotiate the North American Free Trade Agreement (NAFTA) would end as they did, first with a deal with Mexico on Aug. 27 and then with Canada on Sept. 30. Practically up until those dates, the United States had made outlandish demands, and while we will probably never know what motivated it to move away from its most recalcitrant positions, the important fact is that it did. Mexico and Canada did not cave to the U.S. government’s pretensions and preserved most of the important features of the old deal while the United States backed down.… Seguir leyendo »