The Peterson Institute for International Economics (PIIE) is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions.
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In an interview with the BBC, PIIE President Adam S. Posen analyzes the successes and failures of the North American Free Trade Agreement (NAFTA) over the past 25 years. In addition, he spells out how the Trump administration’s stated goal to balance the deficit with Mexico comes with enormous costs to freedoms and efficiency.
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