Trade
Daily Trade within North America (in Billions)
%
Average U.S. content on Canadian Products
Number of U.S. Jobs (in millions) that depend on trade with Canada and Mexico
%
Average U.S. Content in Mexican Products
NAFTA has dramatically enhanced our ability to make better use of the abundant resources of our three countries and thus make an important contribution to economic growth within North America. Over the last decade, however, our economies have faced growing challenges in increasingly competitive and globalized world markets. We need to do more to ensure that our policies provide our firms and workers on a fair and unfettered basis to meet the challenges of global competition.
Unwieldy North American rules of origin, increasing congestion at our ports of entry, and regulatory differences among our three countries raise costs instead of reducing them. Trade in certain sectors—such as natural resources, agriculture, and energy—remains far from free, and disputes in these areas have been a source of disagreement among our countries. Furthermore, the NAFTA partners have been unable to resolve a number of important trade and investment disputes, which has created continuing tension in our commercial relationships.
Recent Work:
Opinión: México…localmente globalizado
Con la globalización se resienten significativamente los impactos de factores económicos como la reducción en la demanda de bienes y servicios, la disminución progresiva del crédito, la volatilidad en los precios y muy marcadamente la incertidumbre de los...
Infographic: North American Integration
As we watch the leaders of North America get together in Toluca this morning it is important to keep in mind the importance of Canada and Mexico to the United States. Let´s take a look: [wpdm_file id=12 title="true" desc="true"...
No visa should be required from Mexico – The Globe and Mail
Back in 2009, there was good reason for Ottawa to slap a visa requirement on Mexicans bound for Canada. There had been a dramatic spike in the number of Mexican asylum seekers – most of whom were not genuine – and those claims had generated a massive backlog, gumming...
Canada-Mexico air travel accord set to boost tourism and business links – The Globe and Mail
Canada and Mexico are putting new air travel measures in place that should boost tourism and business opportunities between the two countries, Mexico’s ambassador says. Francisco Suarez said the change is among the initiatives that could come up when Prime Minister...
Mexico´s Financial Environment: An Investor Perspective
Mexico´s Financial Environment: An Investor Perspective [wpdm_file id=11 title="true" desc="true"...
20 years after NAFTA, Mexico has transformed | Dallas Morning News
Leodegarco Ramírez Ramírez smiles as he stands in a spot symbolizing the rise of a new Mexico, an area of cornfields that are slowly being replaced by manufacturing plants where his sons and nephews make airplanes and automobiles. Ramirez and his countrymen are part...