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Mexico is not a big winner in Nafta, think tank claims

Friday, March 31, 2017


President Trump often says that Mexico is the big winner from free trade with the U.S.

"It has been a one-sided deal from the beginning of Nafta,” Trump tweeted on Jan. 26, referring to the trade agreement between the U.S., Mexico and Canada.

But Mexico's experience with Nafta has been anything but a clean victory. Poverty in Mexico has increased since Nafta became law in 1994, and the country's economy performed worse than many of its peers in Latin America, according to a new study published by the Center for Economic and Policy Research, a left-leaning think tank.

Source: CNN Money