Jake Morphonios explains how free trade treaties such as NAFTA destroyed not only the American economy by shipping manufacturing jobs overseas, but ruined Mexico’s agricultural industry, too. As a result, mass migration from Mexico to the US began after NAFTA was implemented. Free trade treaties create monopolies and the winners are the heads of corporations and central bankers.
When withdrawing from negotiations for the TransPacific Partnership treaty, Trump did not address the most controversial part of it, which is the investor-state dispute settlement system. The ISDS allows investors in one country to use international courts to sue governments of other countries. This eliminates a major component of national sovereignty.