Today, President Trump announced a revised NAFTA deal, inclusive of Canada, with whom relations have been rocky recently. Trump holds this new deal as living up to his campaign promise of revising NAFTA, but passing it through congress could be a problem. Trump has repeatedly expressed his distaste for the NAFTA deal and has been pushy about changing it. He insists that this deal is a completely new deal, not a revision of NAFTA. Under the name United States Mexico Canada Agreement, or USMCA, many industries will feel immediate effects, like the steel and automobile industries.
This article was written today as the news of the deal broke, so it is current and pertinent to what is happening right now. The intended audience is people who have been following the developments in trade relations with Mexico and Canada as the article does not go into much detail about the history of NAFTA. The article is written by Alan Rappeport, an economic policy reporter at the New York Times. This event can connect to the formation of the original NAFTA deal in 1994 which outlined trade regulations and relations between the US, Canada, and Mexico, much like USMCA.
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