NAFTA versus Bilateral Trade
NAFTA may be too complex to save given the different economic, wage and social structures of Canada the United States and Mexico. We might simply take the existing agreement and break it down into the sections dealing with each country’s trade, dividing it into six bilateral agreements. Each of the three countries to make an agreement with the other two, following the same wording and intent from the relevant portions of the existing NAFTA agreement. Then negotiate.
Regardless, the Trump Administration seems determined to rip up the NAFTA agreement and start a trade war based on their arbitrary tariffs on the Canadian softwood industry last spring,