How Did President Trump's U.S.-Mexico-Canada Trade Deal Come To Be?

The video discusses the North American Free Trade Agreement (NAFTA), its implementation, and criticisms, particularly from President Trump, who blamed it for job losses. In 2017, renegotiation talks began, leading to trade tensions. By 2018, a new deal, the USMCA, was announced to replace NAFTA. However, legislative challenges delayed its ratification, with concerns over labor and environmental standards. The deal was eventually passed in the House and Senate, pending ratification by all three countries.

What were the main reasons President Trump wanted to renegotiate NAFTA?

How did the tariffs imposed by the US affect relations with Canada and Mexico?

What significant changes did the new trade deal announced in October 2018 bring compared to NAFTA?

What were the concerns raised by House Democrats regarding the new trade agreement?

What was the outcome of the negotiations for the new trade deal in terms of legislative approval?