US and Mexico tentatively set to replace NAFTA with new deal
The Trump administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement and replace it with a deal that the administration wants to be more favorable to the United States.
President Donald Trump, in announcing the tentative agreement Monday at the White House, said a new deal would be called "the United States-Mexico Trade Agreement. Trump has frequently condemned the 24-year-old NAFTA trade pact as a job-killing "disaster" for the United States.
