WASHINGTON, D.C.-- Having called the North American Free Trade Agreement (NAFTA) “the worst trade deal in history” during his presidential campaign and repeatedly promising to “entirely renegotiate” the controversial pact, Donald Trump’s stance on NAFTA has seemed clear for months, especially after he affirmed the need to radically alter the
Trump’s NAFTA Reversal Likely Tied To Oil Industry Pressure
Despite Trump’s promises to “entirely renegotiate” what he once called “the worst trade deal in history,” his administration’s proposed changes to NAFTA are modest at best. This reversal coincides with major investments made by U.S. oil companies that have direct ties to some of the most powerful figures in the Trump administration.