NAFTA “the worst trade deal ever made” says Trump
April 7, 2018
NAFTA is “the worst trade deal ever made” Trump tweets.
NAFTA permits China and other Asian and European countries to import car parts to Mexico and Canada and — once assembled there — those cars enter the USA market without tariffs.
Because of this “loophole”, NAFTA is great deal for Mexico and Canada and for parts manufacturers world wide. NAFTA has been and continues to be bad deal for USA manufacturing.
So — keeping another campaign promise — expect Trump to exit NAFTA and establish separate trade deals with Canada and Mexico. Here’s why: