Trump wants to renegotiate his own trade deal with Mexico and Canada
CNN
Former President Donald Trump is once again pledging to save American manufacturing and bring back jobs by rewriting a trade agreement with Mexico and Canada.
Former President Donald Trump is once again pledging to save American manufacturing and bring back jobs by rewriting a trade agreement with Mexico and Canada. But this time, instead of replacing the North American Free Trade Agreement, known as NAFTA, which he has often described as the “worst trade deal ever made,” he wants to renegotiate his own trade deal. Trump signed onto the US-Mexico-Canada Agreement, or USMCA, in 2018. It took effect in January 2020 and replaced NAFTA. In 2018, Trump said the USMCA would be “the most modern, up-to-date, and balanced trade agreement in the history of our country, with the most advanced protections for workers ever developed.” But now, he thinks it can be improved. “Upon taking office, I will formally notify Mexico and Canada of my intention to invoke the six-year renegotiation provision of the USMCA that I put in,” Trump said last week during a speech at the Detroit Economic Club.
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