Nafta's Rolling ThunderIssue 07-18-11 |
On July 6 the North American Free Trade Agreement (Canada, Mexico, and the United States) came to a satisfying resolution of a long-standing dispute between the U.S. and Mexico over long-haul, cross-border trucking. Tthe trucking deal, a three-year pilot program, is modest. But it represents a milestone in the economic integration of North America.
Although Nafta came into effect 17 years ago, the trucking deal was bogged down by concerns over border security and opposition from the Teamsters Union and independent truckers, who fear their high-priced jobs will be jeopardized by low-wage Mexican competition. Neither point is irrational