By James Hires The U.S., Mexico and Canada are the rebellious children of Europe’s empires. Because of that, there’s a certain kinship among them.
That kinship led to the creation of the North American Free Trade Agreement (NAFTA) in 1994. NAFTA brought all three economies closer together.
It’s been an economic boon.
America’s 2018 GDP was nearly triple what it was in 1994. Mexico’s and Canada’s GDP each more than doubled in the same time span.
The U.S., Canada and Mexico are one another’s largest trade partners. Mexico and Canada ranked No. 1 and No. 2, respectively, in total trade value with America last year.
But the agreement …read more