Trump announces NAFTA agreement with Mexico

TRUMP US MEXICO
President Donald Trump listens during a phone call with Mexican President Enrique Pena Nieto about a trade agreement between the United States and Mexico, in the Oval Office of the White House, Monday, Aug. 27, 2018, in Washington. Evan Vucci / AP Photo
TRUMP US MEXICO
President Donald Trump listens during a phone call with Mexican President Enrique Pena Nieto about a trade agreement between the United States and Mexico, in the Oval Office of the White House, Monday, Aug. 27, 2018, in Washington. Evan Vucci / AP Photo

Trump announces NAFTA agreement with Mexico

President Donald Trump has been a vocal opponent of NAFTA. He often claims it to be“the single worst trade deal” ever approved in American history. Now, it appears President Trump has finally reached a milestone in revising the treaty. Yesterday, the U.S. and Mexico made a tentative deal. Trump coins it the “U.S.-Mexico Trade Agreement”. This new trade pact would potentially boost car manufacturing, and create new jobs for each country’s economy. Trump threatened to impose tariffs on Canada if it doesn’t comply with the new terms of the deal. Canada says it will only sign the agreement if it is mutually beneficial. To discuss, we’re joined by Phil Levy, senior fellow on the global economy at the Chicago Council on Global Affairs.