The North American Free Trade Agreement Sought To Eliminate All Tariffs

Finally, this measure would also lead to legal complaints from the World Trade Organisation. [124] The Washington Post found that a review of the academic literature by the Congressional Research Service concluded that “the overall net impact of NAFTA on the U.S. economy appears relatively modest, primarily because trade with Canada and Mexico accounts for a small percentage of U.S. GDP.” [63] The deal involved thousands of U.S. workers after U.S. companies moved their production sites to Mexico to benefit from lower wages and looser workers` health and safety rules. In addition, according to critics, the deal has led to environmental degradation due to rapid industrialization in Mexico. .

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