Trump’s new trade deal is just NAFTA ‘with some bells and whistles,’ analysts say

Trump MAGA hatJae C. Hong/AP Images

  • Officials reached the US-Mexico-Canada Agreement after a year of negotiations Sunday.
  • President Donald Trump portrayed it as a groundbreaking pact. 
  • But analysts say the new agreement isn’t too different from the original NAFTA deal.

While President Donald Trump hails a revised NAFTA as the “most advanced trade deal in the world,” some analysts are wondering what all the hype is about.

Officials reached a breakthrough on the US-Mexico-Canada Agreement in 11th-hour negotiations Sunday night, calming fears that the trilateral deal could be scrapped when a self-imposed deadline hit hours later. But analysts say the new deal doesn’t look very different from the trade dynamics that have governed the US and its neighbors for decades.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of and Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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