With the recent changes in politics, NAFTA and other free trade arguments may come to an end. If certain politicians manage to bring the end of these arguments, there will be a various array of consequences. There will be impacts on the consumer to the manufacturer and even on those not involved in the transactions.
NAFTA was agreed to 1989, but it did not start to take effect till 1994. Oddly though it took to 2008 for the majority of tariffs to be eliminated (Schott). So it is now that we see full the effects of the trade agreements, and that is why there is discussion now for the repealing of NAFTA. Although, it is important to look at the other effects that came from NAFTA; you cannot look solely at NAFTA. In 1993, it became clear that
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The implications it has had have numerous from environment to working conditions to the economy. Looking from the economic perspective it has been a success. It has allowed the United States to compete on the global level. There has been some difficulties in the United States transitioning. The United States Department of Labor website has a page on “NAFTA-Transitional Adjustment Assistance” that helped people transition into a United States economy altered by the agreement. There is programs that offer income support while offering long term training for a occupation because there job might have been moved elsewhere because of the implications of the NAFTA agreement. “The NAFTA-TAA program emphasizes a comprehensive, timely array of retraining and reemployment services tailored to meet the needs of the individual workers.” The United States action did consider the citizens as they offer these programs. Besides the training and income support, there is career counseling and job search services. The transitional phase has been focused on the people. The governmental organizations have been reasonably successful at having us transition into the …show more content…
It is important to maintain a broad perspective when examining the what the deal has done. Certain sectors have changed massively affecting personally millions of individuals across the country. In 2014, a poll was done that explained that 53 percent of Americans wish that everything be done that is possible to repeal NAFTA (Wallach). One of these voices include the writer Lori Wallach for the Huffington Post who explains:
“Such outcomes include a staggering $181 billion U.S. trade deficit with NAFTA partners Mexico and Canada and the related loss of 1 million net U.S. jobs under NAFTA, growing income inequality, displacement of more than one million Mexican campesino farmers and a doubling of desperate immigration from Mexico, and more than $360 million paid to corporations after ‘investor-state’ tribunal attacks on, and rollbacks of, domestic public interest