Trump sees vindication in new trade deal with Canada, Mexico

Tuesday, October 2, 2018 | Tag Cloud Tags: , , , , , ,

(Worthy News) - President Trump on Monday checked off a major campaign promise that seemed impossible when he made it: rewriting the 24-year-old North American Free Trade Agreement with Canada and Mexico.

A weekend of hard bargaining got Canada at the last moment to join a U.S.-Mexican deal, retaining a three-way agreement to govern the $1.2 trillion in annual trade among the countries.

The deal aims to revive U.S. manufacturing jobs, open markets to American agriculture and add restrictions to Mexican and Canadian products entering the U.S. Mr. Trump obtained long-sought concessions from Ottawa to open its restrictive dairy markets and refrain from currency manipulation. Canada was able to protect an independent panel to adjudicate trade disputes that the U.S. wanted to eliminate. [ Source: Washington Times (Read More...) ]

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