Bloomberg Surveillance TV: March 21, 2025
Bloomberg Surveillance
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Towards a North American Economic Union
This chapter explores the proposal for a North American economic union as a solution to tensions between Canada, Mexico, and the United States, focusing on the limitations of the USMCA agreement. It discusses the potential transition to a customs union to enhance trade efficiency and the challenges of labor mobility, particularly between the U.S. and Mexico. The conversation also underscores the need for closer economic ties to counteract Chinese imports and support U.S. automotive interests.
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