The revised NAFTA is coming up; so stay vigilant
The revised North American Free Trade Agreement (NAFTA) will soon come up for a congressional vote to approve or disapprove. The House of Representatives will be the principle battle ground over Trump’s recently renegotiated trade agreement for the U.S., Mexico and Canada. The question is whether our representatives will stand up for the people or go along with Trump on a bad deal.
Remarkably, there are some good points in the new version. Shadowy international tribunals that enable corporations to sue governments and override democracy will be eliminated for the most part. There are new requirements on the Mexican government to raise wages for Mexican workers so that loud sucking sound of American jobs leaving the country for super low Mexican wages will quiet down a bit. Countries will no longer be forced to endlessly export precious natural resources.
But like all things Trump there are serious shortcomings. Worker and environmental protections are spelled out, but with no enforcement. The phrase “climate change” is nowhere to be seen in that document. Food inspections at the border would be watered down risking more outbreaks of noxious food-borne diseases. Worst of all, Big Pharma has been offered a slew of extreme patent protections that would virtually guarantee higher drug prices and fewer generic substitutes. The impact on public health in all three countries would be dire indeed.
Congress has the power to improve the revised NAFTA or kill it outright. Congressional action may happen soon so it will be important for citizens to be vigilant. Tell your representatives you want “fair trade” that benefits people and the environment not corporate-friendly “free trade” that profits large corporations at the expense of everyone else.
Ken Bonetti
Boulder