North America Free Trade Agreement | US-Mexico-Canada Agreement
“I don’t think we’re looking to rip up NAFTA as much as we are looking to right-size it and make it fairer,” says senior advisor on the Trump transition team
The president-elect has promised to rip up the free trade treaty, yet there is no sign that his approach will be any fairer
There has been no overarching ‘Latin America’ policy under the outgoing administration. This overall situation will largely remain the same under the Trump administration.
First is renegotiating or withdrawing from NAFTA, second is stopping the Trans-Pacific Partnership deal, third is stopping "unfair imports," fourth is ending "unfair trade practices," and fifth is pursuing bilateral trade deals.
NAFTA, critics say, included investment provisions that inherently created an uneven playing field, allowing corporate investors to directly sue national governments for mega-millions and ultimately sidestep domestic environmental laws.
The TPP threatens to extend the most draconian feature of the contemporary free trade model: private corporation’s ability to sue sovereign nations.
A secretive global legal system gives corporations leverage over the countries where they operate. Everyone said the United States didn’t have anything to worry about, because American laws are fair to begin with. Everyone was wrong.
A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment.
Proposals like the Alliance for Prosperity Plan and the Trans-Pacific Partnership will only accelerate a race to the bottom for families in the Northern triangle of Latin America.
teleSUR spoke with Victor Suarez Carrera, who is campaigning against the TPP in Canada as Obama, Peña Nieto, and Trudeau push the trade pact.
Agreement covers range of products, from pharmaceuticals to cosmetics.
The Canadian beef industry is applauding Mexico’s decision to fully reopen its market to Canadian beef.
Only one in four Canadians say the North American Free Trade Agreement is good for their country, and more than one-third want it renegotiated, according to a poll.
TransCanada Corp. made good on its threat to challenge the rejection of the Keystone XL pipeline, filing a request for arbitration under NAFTA to recoup US$15 billion in damages from the U.S. government.
Northern Dynasty is prepared to file a claim for “arbitration” under NAFTA, seeking compensation for the failure of the Pebble Mine project to move forward to federal permitting.
Nafta is all about high-intensive-labor crops. Water extraction increased exponentially. Every year, farms bore farther into the aquifer, and scientists warn that they are reaching tainted water that is contaminated with arsenic and fluoride which is causing great harm.
The tale of a disaster waiting to happen? Mauricio Macri promised to open up to imports. And there is no doubt that he will do this.
Mexican President backed a planned free trade deal between the European Union and the United States known as the Transatlantic Trade and Investment Partnership (TTIP), saying his country could also adopt it.
Hint: it involves taking money from poor people.
The case concerns a moratorium imposed in 2011 by the Canadian province of Ontario on offshore wind energy generation projects, citing public concerns and scientific uncertainties about the health, safety, and environmental effects.