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Moisés R. Kalach B.

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  1. Milken Institute1h 1m

    The Future of NAFTA

    Tony Fratto, Navdeep Bains, Gerónimo Gutiérrez, Jodi Hanson Bond, Moisés R. Kalach B.

    Following a threatened US withdrawal from NAFTA, leaders from the United States, Canada, and Mexico have pivoted to renegotiation with a shared mandate to modernize the agreement while protecting its trilateral structure and supply chain integrity. Business experts and officials emphasize that any new framework must expand into digital economies and strengthen labor and environmental standards without imposing tariffs that could erase the $37,500 in annual revenue per factory worker currently generated by integrated trade. Navigating this complex political landscape requires coordinating efforts with Congress and avoiding disruptive bilateral disputes, particularly as Mexico approaches its upcoming presidential election.