It has been blamed for the loss of jobs in this country, but the reality is those jobs came because of shifts in the economy already underway that NAFTA sought to address. For every sad story of a job loss blamed on NAFTA, there is at least one other, if not more, that would not exist but for NAFTA. But NAFTA is not perfect.
The President’s staff had pushed him to withdraw the United States from NAFTA. Instead, after consulting with the leaders of Mexico and Canada, President Trump has decided to preserve NAFTA, but seek changes. Many of the changes he would like are changes that were already contemplated in the Trans Pacific Partnership and have already been agreed to by Mexico and Canada.
President Trump has the opportunity to preserve a strong free market, while ensuring help for displaced workers and getting those changes through the Congress. Until President Trump, Washington pundits loved it when leaders changed their minds. Now, they think his change of mind is ridiculous. Actually, it is appropriate and the President should be commended for seeking out the opinions of others and choosing wisely.