Trump's 'Poison Pills' Said Threatening Nafta Talks

The transcript discusses Trump's proposed conditions for a trade agreement, which seem extreme to Mexico and Canada. The US is making demands that are unlikely to be accepted, causing concern among the business community. Trump has indicated a willingness to abandon the deal, despite business interests urging its preservation. The administration's rhetoric blames trade deals for economic issues, but there are ways to avoid withdrawing. The fourth round of talks is ongoing, with an extended timeline.

How have the trade deficits been characterized by the Trump administration?

What is the current status of the negotiations as mentioned in the text?