By Mark Weisbrot
February 14, 2017 “Information Clearing House” – “Tribune News Service” -President Trump is unlikely to fulfill his dream of forcing Mexico to pay for his proposed wall along the United States’ Southern border.
If it is built, though, U.S. taxpayers will almost certainly foot the bill, which some have estimated could be as high as $50 billion.
With that said, it’s worth taking a step back to look at the economics of U.S.-Mexican relations to see how immigration from Mexico even became a political issue someone like Trump could use to his advantage.
The North American Free Trade Agreement, commonly called NAFTA, is a good starting point.
While it is finally widely recognized that so-called free trade agreements have harmed millions of U.S. workers, thought leaders from both sides of the political spectrum continue to assume NAFTA has been good for Mexico. This…
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