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NAFTA Gets Mixed Reviews After 10 Years
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| Contributor | Mr. Techno |
| Last Edited | Mr. Techno Dec 18, 2003 03:01pm |
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| Category | News |
| Media | TV News - FOX News |
| News Date | Thursday, December 18, 2003 06:00:00 AM UTC0:0 |
| Description | WASHINGTON — The North American Free Trade Agreement celebrates its 10th birthday on Jan. 1 without having realized the optimistic predictions that preceded the binding of the United States, Canada and Mexico into a continental trade pact, several experts told Foxnews.com.
Despite the unfulfilled promises, the treaty earned mixed grades by those experts. Critics charge NAFTA has failed to live up to its economic promises.
"We definitely don’t grade it very highly from the perspective of the United States. We would say it contributed to the growing trade deficit with Canada and Mexico and the growing loss of manufacturing jobs," said Economic Policy Institute economist Josh Bivens. |
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