Mexico

Just don't call it NAFTA — the sole focus of Trump's trade negotiations, in a nutshell

Just don't call it NAFTA — the sole focus of Trump's trade negotiations, in a nutshell

“They used to call it NAFTA,” President Donald Trump said Monday in explaining his preliminary, bi-lateral update of the 25-year-old three country trade deal between the U.S., Canada and Mexico. The North American Free Trade Agreement, he explained, had “a bad connotation” for the U.S. — perhaps because he had spent the last few years insisting to whomever would listen that it was the “worst trade deal maybe ever signed anywhere,” in contrast to the new agreement, which he bragged (patently falsely) was “maybe the biggest trade deal ever.”

We are by now accustomed to Trumpian hyperbole over everything from his personal wealth to the effectiveness...

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