NAFTA was the first step towards a unified North American currency and a unified North American continent. Given 50 years and better conditions in Mexico, the United States of North America will become a reality. NAFTA was a first step towards that. Goods flow freely across the borders of Mexico, Canada and the United States in a triumvirate of economic powers.
I believer that NAFTA is great for the US. This promotes companies within US to do business within the near areas. Since it does cost money, through taxes, to do trades to other countries overseas, it almost forces companies to keep business within North America. Sometimes it is beneficial to go overseas since labor is cheap in other areas of the world. But this free trade agreement allows businesses to make more of a profit by keeping it within the continent.
NAFTA is as many will tell you not enough to keep the trade market in a place that satisfies all parties, but we'd certainly be worse off without it. The importing and exporting doors that the agreement opened have been largely beneficial for the United States, and to a lesser level Canada and Mexico.
Fortune 500 company's love this idea. They grease the wheels donate to congressman. And the workers who are working there way up the latter do not stand a chance despite how hard they fight. Some knew hires are laid off before they cash there first check. Nafta is beneficial to those who are already at the top of the food chain. Another scam amongst many
The United States of America has so many manufacturing industries moving their manufacturing plants to Mexico, since its labour cost is cheaper. They have lost approximately $97.2 billion between the years 1994 and 2010, causing 682,900 people (living in the United states) to lose their jobs. About 80% of the losses were manufacturing industries/plants. The states with the highest labour costs in the U.S. were the most affected, since "they had high concentrations of the industries that moved plants to Mexico.
NAFTA is a bad policy for the US. It lets big companies outsource jobs to Mexico at the expense of American workers. Although some companies profit from NAFTA, it has been bad for most Americans. Clinton should have taken a more protectionist approach to free trade. NAFTA has had a negative effect on Americans.
In many ways, NAFTA was the precursor for the problems that the US is now suffering with China. Before the jobs were all going to China, they were all going to Mexico; it just happened that China was even cheaper so it didn't last. Nonetheless, NAFTA has a definite and negative effect on American jobs.