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

Jae 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.

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