Folks smarter than me said that Brexit would destroy England.
Folks smarter than me also said Trump would destroy the economy.
I am not going to say those folks were wrong, but perhaps they were a tad bit off.
Those same folks are saying more or less the same thing about NAFTA's potential demise.
Now let me be clear.
In principle I support anything that makes our ties stronger with our all of neighbors to the south of us. Except maybe for Belize. Because Belize does not make any sense. That and Suriname and Guyana.
That being said, I do not see anything wrong with revisiting trade agreements that have not changed in over twenty years. The world was a much different place when NAFTA was signed. Apartheid in South Africa ended, Green Day released “Dookie", among other things.
The smarter folks will tell you, "Trump!"
Okay fine.
Trump screws the pooch and NAFTA dies.
What happens?
Probably not much.
Other than freight forwarders charge more for extra paperwork I guess.
And then what?
Yes, Mexico can look elsewhere, but ultimately, the US is too damn big and too damn convenient to pass up.
What is Mexico going to do with all those cars it is producing? Send them to Guatemala? Te fascina. Guatemala barely can afford the used cars the US sends down there.
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