NAFTA has had three major advantages. U.S. food prices were lower due to duty-free imports from Mexico. Oil imported from Canada and Mexico has prevented the rise in gas prices. NAFTA has also increased trade and economic growth for all three countries. The political gap was particularly large in terms of views on free trade with Mexico. Contrary to a positive view of free trade with Canada, which 79% of Americans called fair trade partners, only 47% of Americans thought that Mexico practiced fair trade. The gap between Democrats and Republicans has widened: 60% of Democrats thought Mexico was fair trade, while only 28% of Republicans did. That was the highest number of Democrats and the lowest figure ever recorded by Republicans in the Chicago Council survey. Republicans had more negative views on Canada than fair trade partners and Democrats. [160] Shortly after his election, U.S. President Donald Trump said he would begin renegotiating NAFTA terms to resolve trade issues for which he had campaigned. The heads of state and government of Canada and Mexico have expressed their willingness to cooperate with the Trump administration.
[129] Although he vaguely formulated the precise terms he wants in a renegotiated NAFTA, Trump has threatened to withdraw from it if negotiations fail. [130] If the original Trans-Pacific Partnership (TPP) were to enter into force, existing agreements, such as NAFTA, would be reduced to provisions that do not conflict with the TPP or require greater trade liberalization than the TPP. [155] However, only Canada and Mexico would have the prospect of becoming members of the TPP after U.S. President Donald Trump withdrew the United States from the agreement in January 2017. In May 2017, the remaining 11 members of the TPP, including Canada and Mexico, agreed to pursue a revised version of the trade agreement without U.S. participation. [156] In an October 2017 press release in The Globe and Mail in Toronto, the question was raised as to whether the United States wanted to renegotiate the agreement or whether it intended to depart from it, regardless of it, and noted that the newly appointed U.S. Ambassador, Kelly Knight Craft, was married to the owner of Alliance Resource Partners, a major U.S. coal operation. Canada is implementing a carbon plan, and it is also about selling bomber jets. “Americans used so many poison pills in last week`s conversations in Washington that they should have been charged with murder,” columnist John Ibbitson wrote. [134] Organized opposition to NAFTA has focused on the fear that the removal of trade barriers will encourage U.S.
companies to get carried away and move to Mexico to use cheap labour. This concern increased in the early years of the 2000s, when the economy experienced a recession and the subsequent recovery turned out to be a “recovery in unemployment”. Opposition to NAFTA was also strong among environmental groups, who said that the anti-pollution elements in the treaty were woefully inadequate. This criticism has not wavered since the implementation of NAFTA. In fact, Mexico and Canada have been cited on several occasions for environmental infidelities. This classification system allows for greater flexibility than the CLC`s four-digit structure, by implementing a hierarchical six-digit coding system and dividing all sectors into 20 branches. Five of these sectors are primarily those that produce goods, the other 15 being exclusively those that provide some type of service. Each company receives a primary NAICS code indicating its main line of business.
A company receives its main code based on the definition of the code, which generates most of the company`s revenue on a site reported last year.