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US export gains shield Cafta under Trump

Friday, December 9, 2016


For critics of globalization who argue that US free trade agreements are uniformly harmful to the US economy and unfairly punish American exporters, Donald Trump’s ascension to the White House only strengthens their hand.

But is Trump truly anti-free trade, and if so, will he also train his eye on Cafta, the decade-old trade pact that was modeled after Nafta. Not likely, free trade advocates say. Of all the regions in the world, the Caribbean basin is the only one in which the United States has enjoyed a trade surplus for three decades.

Source: Journal of Commerce