A new trade agreement – or lack of one – between the U-S and Canada will have an impact on Michigan’s economy, experts say.
President Donald Trump has been trying to renegotiate the North American Free Trade Agreement – or NAFTA – with Mexico and Canada for a while now. And it looks like there could be a deal between the U-S and Mexico…but Canada is still up in the air.
Charles Ballard is a professor of economics Michigan State University. He says a deal with Canada is essential.
“If that is disrupted then we’ve got a problem. I don’t think that’s ganna happen. But that’s my big worry, that’s the big concern for Michigan.”
Ballard says Michigan is one of the most export heavy states in the U-S. And it sends most of its exports to Canada.