Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Thursday, February 27, 2020  Spokane, Washington  Est. May 19, 1883
Clear Day 50° Clear
News >  World

Survey: Economists see no gain from NAFTA renegotiation

Men chant during a protest against the renegotiation of the North American Free Trade Agreement (NAFTA) in Mexico City, Wednesday, Aug. 16, 2017. (Gustavo Martinez Contreras / Associated Press)
Men chant during a protest against the renegotiation of the North American Free Trade Agreement (NAFTA) in Mexico City, Wednesday, Aug. 16, 2017. (Gustavo Martinez Contreras / Associated Press)
By Christopher Rugaber Associated Press

WASHINGTON – Most business economists expect the Trump administration’s efforts to renegotiate the North American Free Trade Agreement will make no difference to the U.S. economy or cause harm.

The National Association for Business Economics survey of 47 economists found that one-third think the renegotiation will have no impact, while one-fifth think it will harm the economy slightly. Seven percent see its impact as strongly or moderately negative.

One-quarter said the renegotiation will be slightly positive while 9 percent said it would be moderately positive. The survey covered economists who work for large companies, trade associations, consulting firms and universities.

The United States, Canada and Mexico are engaged in the third round of talks on the agreement, which began Saturday and will continue through Wednesday.

Subscribe to the Morning Review newsletter

Get the day’s top headlines delivered to your inbox every morning by subscribing to our newsletter.