Tag: NAFTA

Mexico
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President Trump announced that the US and Mexico have reached an agreement on a new trade deal called the United States-Mexico Trade Agreement, which will ultimately terminate the North American Free Trade Agreement (NAFTA). Trump called Mexican President Enrique Peña Nieto from the White House to announce the new deal. Among a number of changes to NAFTA, both parties agreed to a provision that would require a significant portion of vehicles to be made in high-wage factories, a measure aimed to discourage factory jobs from leaving the US. Trump said he is in communication with Canada about a new trade deal, but is unsure if it will be part of the US-Mexico Trade Agreement. The Trump administration expects the new pact to be signed by the end of November. (Map: CIA)

Mexico
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Vets occupy National Archives

Andres Manuel Lopez Obrador—known by his initials AMLO—will be Mexico's next president, following his victory in the July 1 election. This marks the first time a Mexican presidential candidate of the left has had his victory honored. An obvious question is how AMLO will deal with Donald Trump—who attained office by demonizing Mexicans and pledging to build a wall on the border (and make Mexico pay for it). Last year, AMLO actually filed a complaint with the Inter-American Commission on Human Rights against Trump's proposed wall. But he also hired Trump's current crony Rudolph Giuliani as anti-crime czar when he was mayor of Mexico City in 2002. As populists and opponents of free-trade economics, there may be unlikely common ground between the two men. (Photo: El Txoro)