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The United States and Canada have reached a tentative agreement to save NAFTA, the North American Free Trade Agreement, with a new trilateral deal that will be known as the United States-Mexico-Canada Agreement. The Trump administration is touting the agreement as a victory for American dairy farmers, since Canada has agreed to open part of its dairy market to U.S. imports. But the Trans-Pacific Partnership, which Trump withdrew from last year, would have provided the same opening. The new deal does not resolve a dispute over U.S. tariffs on Canada's steel and aluminum exports. The proposed deal must now be ratified by lawmakers in the three countries. We speak with Lori Wallach, director of Public Citizen's Global Trade Watch and author of "The Rise and Fall of Fast Track Trade Authority."
Watch:
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The United States and Canada have reached a tentative agreement to save NAFTA, the North American Free Trade Agreement, with a new trilateral deal that will be known as the United States-Mexico-Canada Agreement. The Trump administration is touting the agreement as a victory for American dairy farmers, since Canada has agreed to open part of its dairy market to U.S. imports. But the Trans-Pacific Partnership, which Trump withdrew from last year, would have provided the same opening. The new deal does not resolve a dispute over U.S. tariffs on Canada's steel and aluminum exports. The proposed deal must now be ratified by lawmakers in the three countries. We speak with Lori Wallach, director of Public Citizen's Global Trade Watch and author of "The Rise and Fall of Fast Track Trade Authority."
Watch:
The United States and Canada have reached a tentative agreement to save NAFTA, the North American Free Trade Agreement, with a new trilateral deal that will be known as the United States-Mexico-Canada Agreement. The Trump administration is touting the agreement as a victory for American dairy farmers, since Canada has agreed to open part of its dairy market to U.S. imports. But the Trans-Pacific Partnership, which Trump withdrew from last year, would have provided the same opening. The new deal does not resolve a dispute over U.S. tariffs on Canada's steel and aluminum exports. The proposed deal must now be ratified by lawmakers in the three countries. We speak with Lori Wallach, director of Public Citizen's Global Trade Watch and author of "The Rise and Fall of Fast Track Trade Authority."
Watch: