Trump's NAFTA 2.0 Just Another 'Corporate Giveaway'
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.
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.
> Features deregulatory provisions that "would have a dangerously chilling effect on food safety enforcement";
> Includes "giant giveaways to
the agrochemical industry," from rolling back Mexico's GMO rules to
enabling companies such as Monsanto and Dow to keep pesticide safety data
secret for a decade; and
>Bolsters Trump's industry-friendly agenda with measures that would "encourage more pipelines and exports of natural gas and oil that would further expand fracking in the United States and Mexico."
"Based on our initial read,
Trump's trade deal poses a considerably greater threat to commonsense
regulatory protections," Hauter concluded. "A closer look at the text
will undoubtedly reveal a host of pro-polluter, pro-fossil fuel industry,
pro-Wall Street deregulation that has been a hallmark of Trump's domestic
agenda."
While the agreement, unsurprising,
does not mention "climate change" or anthropogenic global
warming—including in its chapter on environment—as The Huffington
Post pointed out, the deal limits the
long-criticized investor-state dispute settlement (ISDS) process that corporate
powers have used to override local environmental protection regulations.
However, there is a major exception
that infuriated activists on Monday. As HuffPost outlined:
Under the rules, firms that have, or may at some point obtain, government contracts to drill or build infrastructure like pipelines and refineries in Mexico―such as ExxonMobil Corp.―can challenge new environmental safeguards Mexican President-elect Andrés Manuel López Obrador has vowed to erect.
"It's like saying, 'From here
on, we're going to protect the henhouse by keeping all animals away, except for
foxes, they're cool,'" Ben Beachy, director of the Sierra Club's living
economy program, said in a phone interview.
That's not the only giveaway for the
oil and gas industry. The updated deal, which requires congressional approval,
preserves a provision that requires the U.S. government to automatically
approve all gas exports to Mexico, despite another rule mandating regulators
consider the public interest.
While American Petroleum Institute
chief executive Mike Sommers on Monday celebrated the provision and encouraged
lawmakers to sign off on USMCA, environmentalists such as Doug Norlen, director
of economic policy at Friends of the Earth, called USMCA "a corporate
giveaway intended to sharply limit the powers of government to protect people
and the planet," and "an attack on our ability to hold Big Oil and
Gas accountable for the damage they cause to our communities."
Labor advocates such as AFL-CIO
trade policy specialist Celeste Drake, meanwhile, called on representatives
from all three nations "to go back to the table and finish a deal that
creates good, high-wage jobs, protects our environment, and safeguards our
democracy."
Although Drake said Monday that "there are too many details that still need to be worked out before working people make a final judgment on a deal," she highlighted a few alarming elements.
Although Drake said Monday that "there are too many details that still need to be worked out before working people make a final judgment on a deal," she highlighted a few alarming elements.
Broadly, Drake noted, USMCA
"moves backward from the original NAFTA in many areas important to working
families, including with respect to 'good regulatory practices' (code for using
this trade agreement to attack important consumer, health, safety and
environmental protections), financial services (providing new tools for Wall
Street to attack efforts to rein in its continuing abuses), affordable
medicines (extending monopolies for brand-name pharmaceuticals at the expense
of affordability), and privacy of personal data."