Tag Archives: deregulation

Imperiling People and Planet, Warnings Mount That Trump’s NAFTA 2.0 Just Another ‘Corporate Giveaway’

Critics warn the new agreement would make it harder “to hold Big Oil and Gas accountable” while also threatening “efforts to protect consumers, workers, and the environment.”

By Jessica Corbett, staff writer for Common Dreams. Published 10-1-2018

Screenshot: YouTube

Environmentalists on Monday slammed President Donald Trump’s replacement for the North American Free Trade Agreement (NAFTA), with Food & Water Watch executive director Wenonah Hauter warning that it “would enshrine and globalize Trump’s deregulatory zealotry into a trade pact that would outlast the administration and imperil future efforts to protect consumers, workers, and the environment.”

Presented as the United States-Mexico-Canada Agreement (USMCA), many have noted that Trump’s trade deal, as Bloomberg put it, “looks more like a rebranding than a revolution,” despite Trump’s vows when he was a presidential candidate that he would negotiate a new deal that’s dramatically better for American workers. As experts and campaigners comb through the details of the agreement, environmental activists are homing in on provisions they warn would endanger people and the planet. Continue reading

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