BRITAIN could join forces with the United States, Canada and Mexico if Brussels fails to give Britain a good deal according to ministers.
Under proposals being considered by the Government, the UK would join NAFTA (North American Free Trade Agreement) which encompasses the United States and Canada and Mexico. The bloc has a GDP of £17.2 TRILLION – that’s more than the EU combined.
NAFTA came into force under U.S. President Bill Clinton in 1994 after years of negotiations under former President Reagan and President H.W. Bush.
NAFTA eliminated most tariffs among the US, Canada and Mexico, allowing for the seamless flow of goods and supplies across borders. Today, approximately $1.4 billion in goods cross the U.S.-Mexico border per day.
The idea of Britain joining NAFTA is not new, in the mid-1990s, U.S. lawmakers wanted Britain to ditch the EU and join NAFTA and former Prime Minister, Margaret Thatcher who was Britain’s leading lady from 1979-1990 called for Britain to join the trading bloc and quit the then 15 strong European Union in 2002.
NAFTA HAS ITS CRITICS
NAFTA does have its critics – mainly because it is believed up to 800,000 manufacturing jobs were lost along the American rust-belt between 1997 and 2013 – making it a key issue in the 2016 presidential election and NAFTA among other globalist issues was a key reason why Donald Trump won in 2016.
Mr Trump is currently renegotiating the U.S. deal with the trading bloc and as the Canadian Prime Minister is due to arrive in Washington for the fourth round of NAFTA renegotiation talks, Mr Trump told Forbes Magazine:
“I happen to think that NAFTA will have to be terminated if we’re going to make it good. Otherwise, I believe you can’t negotiate a good deal.”[ecwid_product id=”93852567" display=”picture title price options addtobag” version=”2" show_border=”1" show_price_on_button=”1" center_align=”1"]