Federal Government Policy and Business

NAFTA talks are a major test for Trump - and they won't be easy

The Washington Post: The Trump administration began talks Wednesday to reform the 23-year-old North American Free Trade Agreement, a negotiation that could boost U.S. business and fulfill one of the president's primary campaign promises — or end up jeopardizing the North American economy.

At stake is the legitimacy of President Trump, who criticized NAFTA as “the worst trade deal maybe ever signed anywhere” and campaigned on a pledge to renegotiate it. But also on the line are trillions of dollars of trade that flow through the North American economy. As talks have approached, American farmers, ranchers, retailers and representatives of other industries have warned the administration against disrupting the pact, fearful of losing the trading advantages that NAFTA gives them.

Read article