What Is In the New NAFTA?

FEATURING PATRICK WOODALL – President Donald Trump late last week signed the new version of the North American Free Trade Agreement (NAFTA) at the G-20 summit in Buenos Aires, Argentina, along with the leaders of Mexico and Canada. He announced on Saturday that he would be terminating the original agreement in 6 months, setting a deadline for the US Congress to ratify the new agreement. Trump threatened that if they did not ratify the deal, the three nations would return to pre-1994 trade rules.

Trump has referred to the new NAFTA as the USMCA or the US-Mexico-Canada Agreement. However, Canadian Prime Minister Justin Trudeau has refused to use that term. In the new version of the trade agreement are some labor provisions, access for American farmers to the Canadian dairy markets, and new requirements for auto manufacturers among other things.

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Patrick Woodall, Research Director with Food & Water Watch and Food & Water Action.