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White House Releases Plans for NAFTA Renegotiation

HeadlineJul 18, 2017

The White House has released its plans for renegotiating the North American Free Trade Agreement, known as NAFTA. The 17-page document says the White House seeks to reduce the U.S. trade deficit with Mexico and restrict the amount of imported material in goods that qualify under the agreement. Labor leaders and workers’ rights organizations criticized the plan, saying it resembles the sweeping Trans-Pacific Partnership. That trade deal faced years of global public resistance by those who said the free trade deal benefited corporations at the expense of workers’ rights and health and environmental regulations. Trump withdrew the U.S. from the TPP in one of his first acts as president.

The release of the NAFTA renegotiation plan on Monday came as Trump kicked off his “Made in America”-themed week. The vast majority of Trump’s own companies’ products are manufactured overseas. We’ll have more on NAFTA after headlines.

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