FOR IMMEDIATE RELEASE: April 18, 2019 CONTACT: Ariela Weinberger, aweinberger@rooseveltinstitute.org Roosevelt Fellow and Trade Expert Responds to Latest on New NAFTA Today, the US International Trade Commission issued the government’s official projection for the impact of the Trump administration’s remake of the 1993 North American Free Trade Agreement (NAFTA). The report estimates that NAFTA 2.0

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Over the weekend, the Trump administration announced plans to terminate the 1993 North American Free Trade Agreement (NAFTA) to force a skeptical Congress to accept his repackaged 2.0 version. This risky gambit is based on a faulty premise: The executive branch lacks constitutional authority to roll back NAFTA’s implementing legislation. While the president can formally

Is globalization good or bad for workers? One view sees it as an inevitable and desirable process of making economies more efficient: It may displace workers in the short run, but it has the potential to make them richer in the long run. Another view sees globalization as a net negative, leading to a loss

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Why This Matters is a series from Roosevelt staff connecting our individual work—from papers to reports and everything in between—to our broader vision of creating a better, more equitable economic and political system. This series will give readers the top takeaways from our latest writing and thinking, with a focus on why they matter as we

Last week, the Trump administration launched an unprecedented action to enforce the environmental rules in a trade agreement between the United States and Peru. According to the press release: “United States Trade Representative Robert Lighthizer today directed the United States Customs and Border Protection (CBP) to block future timber imports from a Peruvian exporter based on

As negotiators meet in Arlington this week to discuss the future of the North American Free Trade Agreement (NAFTA), the Trump administration is again rattling nerves. While no formal proposal is publicly available, the U.S. Trade Representative is reportedly calling for stricter Buy America rules in government procurement, a five-year sunset clause (i.e. the agreement would not be renewed

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Boeing! Bombardier!! Bears!!!

From a casual look at today’s business headlines, you’d think the Commerce Department had declared war on the world. “The Commerce Department will slap stiff tariff on Bombardier’s new jet” “Bombardier hit with 219% duty on sale of jets to Delta Air Lines” “UK warns Boeing over Bombardier trade row” “Bombardier stock watchers bracing for

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On Monday, Congressional Democrats unveiled their Better Deal agenda to make “bold changes to our politics and our economy.” As my colleagues at Roosevelt have noted, the platform is strong on tackling anti-trust and monopoly power and on recognizing we are not yet back at true full employment. As the agenda acknowledges, there’s much left

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Last year, a World Bank tribunal waded into a long-running debate about how and when states can use a so-called prudential measures defense. While the decision (Rusoro Mining Limited v. Venezuela) was rendered in August 2016, I missed reading it at the time and have not seen any mention of this in the usual wonk

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Late on Monday, the Trump administration released their long-awaited objectives for the renegotiation of the North American Free Trade Agreement (NAFTA). If it looks familiar to trade wonks, that’s because it is. In area after area, the Trump administration proposes to change the North American pact to make it more like the Trans-Pacific Partnership (TPP).