Tuesday, February 5, 2019

Moooving on From NAFTA: New at Reason

By Reason Staff - February 05, 2019 at 07:29AM

One of the few liberalizing policies contained in the Trump administration's rewrite of the North American Free Trade Agreement (NAFTA) amounts to little more than "a drop in the milk bucket," according to one new analysis, while other measures will significantly limit free trade.

Allowing American dairy farmers to export more of their goods to Canada, tariff-free, was a major goal for President Donald Trump in his yearlong effort to replace NAFTA with the United States-Mexico-Canada Agreement (USMCA). The president has often harped on Canada's dairy protectionism, citing it as a problem with the trade compact he famously described as "one of the worst deals" during his campaign for the White House, writes Eric Boehm.

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