PL EN


2019 | 1(55) | 65-71
Article title

LE ROI EST MORT, VIVE LE ROI! On NAFTA and USMCA

Content
Title variants
PL
LE ROI EST MORT, VIVE LE ROI! O porozumieniach NAFTA i USMCA
Languages of publication
EN
Abstracts
EN
The present paper is an essay that presents the author’ brief contribution to the discussion on the North American trade agreement, formerly known as NAFTA. It is written from an independent perspective and involves no political affiliation. NAFTA, which during its almost 25 years of existence, proved a successful mechanism of trade growth, came under attack by President Trump who judged it detrimental to the U.S. economy and threatened to dismantle it altogether. He subsequently retreated from his initial position and let NAFTA, now known as USMCA or the U.S.-Mexico-Canada trade agreement, survive the crisis with some lesser changes. However, the recent loss of the Conservative majority in the lower chamber of Congress, may render the President's position with respect to economic policies more vulnerable in view of the majority for the Democrats. The new situation in the Congress may have a direct impact on USMCA as well. At the completion of the 20-odd-year period of its existence the North American Free Trade |Agreement (NAFTA) had to be renegotiated, especially amidst President Trump’s repeated vows to dismantle it on the grounds of its detrimental impact on the American economy. The present paper is looking at this renegotiating process. It is describing its most salient points, including a concise description of what is going to change and what will remain as before. It points out to the advantages and disadvantages of what is now referred to as NAFTA 2.0 or USMECA (The US-Mexico-Canada trade agreement).
PL
Z chwilą wygaśnięcia ponad 20-letniego okresu obowiązywania porozumienia NAFTA zaistniała konieczność renegocjacji jego postanowień, szczególnie w świetle powtarzanych wielokrotnie gróźb Prezydenta Donalda Trumpa unieważnienia go jako układu szkodzącego interesom amerykańskiej gospodarki. Niniejszy artykuł zwięźle charakteryzuje proces renegocjacji, wskazując na najbardziej istotne elementy porozumienia, z uwzględnieniem najważniejszych zmian jakie wprowadza NAFTA 2.0, nazywana również porozumieniem handlowym USA, Meksyku i Kanady. Prezentowany artykuł przedstawiony w formie eseju, odzwierciedla wyłącznie osobiste opinie autora.
Year
Issue
Pages
65-71
Physical description
Contributors
References
  • Amadeo K., Why NAFTA's Six Advantages Outweigh Its Six Disadvantages. Updated October 02, 2018
  • Anderson S., Cavanagh J., Lessons of European Integration for the Americas. Institute for Policy Studies. Washington. D.C., February 2004
  • Barber J., Why Canadian milk infuriates Donald Trump. The Guardian, June 9, 2018
  • Blatchford A., Trudeau Says 'No NAFTA Deal Is Better Than A Bad NAFTA Deal'. Canadian Press, August 2018
  • Donolo. P., NAFTA is dead and Canada should move on. The Globe and Mail. June 1, 2018
  • McLarty Th. F., Negroponte J. D., A NAFTA without Canada? Unthinkable. Detroit Free Press of September16, 2018
  • NAFTA’s Impact on the U.S. Economy: What Are the Facts? Economic Policy Institute Sep 06, 2016
  • NAFTA Triumphant: Assessing Two Decades of Gains in Trade, Growth and Jobs of October 27, 2015
  • NAFTA, 20 Years Later: Do the Benefits Outweigh the Costs? Wharton@Knowwledge. University of Pennsylvania, February 14, 2014
  • The Canada-U.S. Free Trade Agreement. Synopsis. Department of Foreign Affairs. Ottawa, December 1987
  • Trump's decision to kill TPP leaves door open for China by Charles Riley, January 24, 2017
  • U.S. and Canada Reach Trade Deal to Salvage NAFTA. The New York Times of September 30, 2018
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-dcc6e32a-fa48-455f-816b-d35646cc0b8a
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