Ex-Commerce Sec. Kantor Says Nafta Need to Be Updated

The video discusses the complexities of trade negotiations among the USA, Mexico, and Canada, emphasizing the importance of building trust and respect. It highlights the significant economic impact of NAFTA, noting the dramatic increase in exports and the need for updates to the agreement without losing its benefits.

What does the speaker imply about the relationship between the US, Mexico, and Canada?

Why is it important to update NAFTA according to the text?