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If Trump pulled out of NAFTA, would there be a recession?

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I would like to give a different point of view than most answers I have read. I believe the best answer to the question you ask is, “Who knows?”, because there are simply too many variables involved. read more

No. NAFTA did not cause a boom, and pulling out of NAFTA will not cause a depression. The effect is on the order of a few percent in trades with Canada and Mexico, and both of them have benefitted from NAFTA, while there is no sign US exports were appreciably improved. read more

Since it went into effect, NAFTA has become a staple of economic relations across North America. The 22-year-old agreement, which eliminated most tariffs on products traded between the US, Canada, and Mexico, has caused an explosion in cross-border business dealings and made the continent’s economies highly interconnected. read more

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