The North American Free Trade Agreement (NAFTA) is just another international crony trade deal that has hurt free trade since its inception. And now it may be coming to an end if the White House has its way.
It is being reported that President Donald Trump is considering signing an executive order that withdraws the U.S. from NAFTA.
Reports suggest that a draft order has been created and it is in the process of being reviewed. The executive order could be unveiled sometime in the next several days.
Depending on which libertarian you speak to, this is either a great move or a disastrous decision.
Let’s put it this way: if Trump scraps NAFTA and replaces it with nothing then that is great for free trade. On the other hand, if he tosses NAFTA in the trash bin and replaces it with something even worse then free trade takes a hit.
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