McLarty: Trump Is Right on New Trade Paradigm

The video discusses a new paradigm for trade, emphasizing fair trade and the interconnectedness of the global economy. It highlights the potential negative impacts of tariffs and supply chain disruptions on consumer prices and relationships with trading partners. The balance between keeping jobs onshore and maintaining stable consumer prices is explored. Various factors affecting economic growth, such as globalization, technology, and education, are considered. The video also examines NAFTA, suggesting that while it has been beneficial, there is room for reform to enhance trade fairness.

What are the speaker's thoughts on the necessity of updating trade agreements like NAFTA?

In what ways does the speaker suggest improving NAFTA?