NAFTA has neither been the enormous success that its supporters believe, nor the disaster that its detractors claim. Renegotiating NAFTA — or even threatening to repeal it — is not a high-stakes proposition. The treaty simply does not possess the leverage to deliver a major boost or setback to the U.S. manufacturing sector.
The authors explain how they reached this conclusion in the report below. A shorter version of the same study is available in an issue brief here.
June 25, 2017, 10:28 a.m.
Simon Lester. J.D., is a nonresident fellow for the Baker Institute International Economics Program and the co-founder of the trade law and policy websites WorldTradeLaw.net and China Trade Monitor. Previously, he was the associate director of the Cato Institute’s Herbert …
David A. Gantz, J.D., is the Will Clayton Fellow in Trade and International Economics. He is also the Samuel M. Fegtly Professor of Law Emeritus at the University of Arizona’s James E. Rogers College of Law and director emeritus of …
