Adjunct Professor Matthew A. Gold was quoted in the Financial Times where he weighs in on President-elect Donald Trump’s take on U.S. trade policy.
Canada and Mexico have said they would be willing to discuss updating Nafta. But that may still be harder than it seems, argues Matt Gold, a former deputy assistant US trade representative for North America who teaches law at Fordham University. All three countries have things they would like to change. But all attempts to negotiate those have failed in the past.
Moreover, Mr Trump’s threat to withdraw from Nafta would present a huge blow to the US economy. “It is simply not realistic for the United States to withdraw from Nafta and the Canadians and Mexicans know that,” Mr Gold says.