NAFTA 2.0: what the Trump-brokered deal may mean
Nov 05, 2018
3 minutes
With agreed-upon revisions to NAFTA this fall, the realm of global trade is looking a little less chaotic than it did before. The accord could foreshadow additional dealmaking, although big questions linger about the US-China relationship.
Q: What was the push to revise NAFTA all about?During his election campaign and as president, Donald Trump ridiculed the 1994 North American Free Trade Agreement as the “worst trade deal ever.” Yet from business leaders to economists, many observers see the three-way trade deal as more beneficial than harmful. Still, Mr. Trump’s epithet
Q: When will the new deal take effect?Q: How dramatic are the changes?Q: What does all this say about Trump’s style of trade bargaining?Q: Will the USMCA bring more US jobs?Q: Is Trump standing for free trade principles?You’re reading a preview, subscribe to read more.
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