Just as the renegotiated NAFTA, the USMCA is Awaiting ratification in Congress, Trump announced new tariffs on Mexico. For the first time, Trump is acting against not only treaties negotiated by previous administrations but also one that he sold as one of the greatest achievements of his own. Is Trump actually acting in the interest of his voters, or the US in general? And what do Mexicans and Canadians think?
The Bertelsmann Stiftung has released an analysis on attitudes toward trade in Mexico, Canada, and the United States, revealing that North Americans remain united on trade, but divided with regard to NAFTA.
In this survey large majorities of 79 percent of Mexicans, 73 percent of Canadians and 56 percent of Americans believe that free trade benefits their economies:
But when asked if North American countries would benefit from putting an end to the North American Free Trade Agreement (NAFTA), sizable minorities of 26 percent of Canadians and 28 percent of Mexicans believed that it would be beneficial to leave the agreement In the US, a small majority of 36 percent favored leaving the agreement compared to 30 percent opposed to the idea:
“Given these interesting results, we seek to further explore why North Americans appear to believe free trade and trade agreements are good, but sizable minorities within these countries continue to think that it would be beneficial to put an end to NAFTA,” said Giancarlo Acquaviva, who coauthored the analysis with Professor Robert Wolfe.
Key findings from this analysis include that North American attitudes toward NAFTA are considerably split by age and gender, that public perceptions of NAFTA are less positive than their perceptions of trade agreements overall, and that support for expanding bilateral North American trade relationships may be weaker than general support for expanding free trade.
This new analysis is based on a survey conducted earlier this year by the Bertelsmann Stiftung of attitudes towards trade and globalisation in twelve developed and emerging economies, which found that respondents generally support trade and globalization, as well as perceive the effects of trade on national economic growth, job creation, and consumer welfare as positive.