Word: nafta
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Dates: during 2000-2009
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Down in Mexico, the administration of President Felipe Calderón accused the U.S. of being hypocritical and protectionist. It has a strong case. Under NAFTA, Mexican trucks were meant to be roaming some U.S. roads in 1995 and the width and breadth of the whole country by 2000. However, successive U.S. administrations could not say no to Teamster complaints that Mexican trucks were not fit for the interstates. Finally, both sides agreed on the pilot program to break the deadlock...
...Harper acknowledged a push by the U.S. to strengthen labor and environmental provisions under NAFTA, which underpins the world's biggest trade relationship, accounting for as much as $1.5 billion in daily trade between Canada and the U.S. prior to last year's economic meltdown. "We can address these concerns without opening NAFTA and unraveling a complex agreement," said Harper. The tough rhetoric Obama fired at NAFTA during the election campaign has been replaced by caution...
...Relations between U.S. Presidents and Canadian Prime Ministers have not always been so cordial. Ronald Reagan and Brian Mulroney, both of Irish descent, became fast friends who enjoyed fishing together and singing duets. The closeness of their friendship was a significant factor in the eventual signing of NAFTA. But Lester Pearson, Prime Minister in the '60s, delivered a scathing antiwar speech in Washington at the height of the Vietnam War. The next day at the White House, Lyndon Johnson issued a stern reprimand: "You peed on my rug!" Relations between the two never recovered. And Richard Nixon once famously called...
President Barack Obama is in Ottawa today for a private lunch with Prime Minister Stephen Harper, and the North-American economy is sure to be front and center. A softer "Buy American" provision in Obama's stimulus package that honors existing trade agreements such as NAFTA is sure to be discussed, as is the ongoing bailout of the North-American auto industry, which has deep roots in southern Ontario...
There are a lot of reasons. Currency manipulations by the Chinese, Japanese and Koreans. They've not enforced NAFTA or the trade laws. And the fact we don't have national health insurance...