Mexico

JHI on the Issues 2016: Who Benefits More from NAFTA?

JHI on the Issues 2016:  Who Benefits More from NAFTA?

The implied proposition—which has been more explicitly stated in the past—that Mexico “benefits more” from a “defective” NAFTA agreement is imprecise, hard to measure, and overlooks two critically important effects of NAFTA for the United States.  NAFTA has made U.S. businesses 1) better able to compete in the globalized world and has 2) raised standards of living in the United States by lowering the costs of commercial goods. Americans are now able to afford more products because of overall lower prices.

JHI on the Issues 2016: Would a Tariff With Mexico Bring Back Jobs?

JHI on the Issues 2016: Would a Tariff With Mexico Bring Back Jobs?

Adding a 35 percent tariff on imports would raise the price of consumer goods for average Americans and would probably lower overall consumption, as well as the American standard of living.  Further, the decrease in manufacturing employment is a global phenomenon present in other countries from Europe to Asia.