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Here's Who Wins and Who Loses from Changes to NAFTA

Atif Kubursi, Professor Emeritus of Economics, weighs the pros and cons of the new USMCA deal.

Oct 03, 2018

NAFTA is out but the United States-Mexico-Canada-Agreement (USMCA) is in.

But how different is USMCA from NAFTA? Who loses and who wins?

Canadian negotiators and government officials are singing the praises of the new deal, still subject to approval by U.S. Congress. U.S. Trade Representative Robert Lighthizer and Foreign Affairs Minister Chrystia Freeland said the agreement “will result in freer markets, fairer trade and robust economic growth in our region.”

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