CNBC Power Lunch provides an overview of the major differences between NAFTA and the USMCA agreement, particular when it comes to automobiles, access to Canadian dairy markets, and changes in product markets from technological advances.
Milton Friedman — Free Trade and the Steel Industry
Dr. Friedman discusses the benefits of free trade and the inconsistencies of placing tariffs and quotas on the steel industry in order to increase domestic production. He notes (around the 2:00 minute mark) that allowing for free trade would reduce employment in one sector of the economy, but it would increase employment in other sectors.
Thanks to Jacob Clifford for the suggestion!
Marketplace — The Problem with NAFTA
A brief background of NAFTA and the problems of exiting NAFTA. A good discussion within the video covers the parties that gain and the parties that loses from NAFTA. A good note in the video is that the jobs that are lost are different from the jobs that were gained.
Bloomberg — The Value of a Medallion
Bloomberg corresponds provide some background on the taxi medallion industry and shows an interesting perspective before the big surge of Uber in the city. The original article can be found here.