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Late last week, US media reported that President Donald Trump was planning to withdraw the country from the North American Free Trade Agreement. A day later, the president announced that he would instead be seeking a renegotiation of the deal, which he had blamed for job American job losses during his election campaign.
The fact is that economists had under-estimated the deleterious effects of trade on workers and the 23-year-old deal could benefit from a rejig, argues Rodrigo Zeidan. But the problem is that vested interests rather than workers might be the ultimate winners from the proposed changes.
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During the US presidential election campaign, Donald Trump blamed NAFTA for US job losses.
Tracie Van Auken/EPA
Rodrigo Zeidan, NYU Shanghai
There's ample space to renegotiate some terms from the original agreement that would improve social welfare across the region.
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Science + Technology
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Elizabeth Tasker, Japan Aerospace Exploration Agency (JAXA)
JAXA has announced a mission to visit the two moons of Mars and return a rock sample to Earth.
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Business + Economy
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Pascalis Raimondos, Queensland University of Technology; Sara L. McGaughey, Griffith University
The Trump tax cut will create new investment in America, but at the expense of countries like Australia
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Arts + Culture
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Nicholas Heron, The University of Queensland
The imperative issued by Levi’s text is not that one should persist in seeing the human in the inhuman. It is more like its opposite: that one bear must witness to the inhuman in the human.
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Environment + Energy
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Markus Hagemann, Utrecht University; Andrzej Ancygier, New York University
New research shows it only takes a few countries to kick-start the kind of global transformation required to meet the Paris Agreement’s long-term goals.
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Andrew Cohen, University of Arizona
Climate change, deforestation, overfishing and hydrocarbon exploitation threatens one of Africa's oldest lake's, Lake Tanganyika.
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