Officially, it’s the United States-Mexico-Canada Agreement, but it’ll go down as NAFTA 2.0 — President Donald J. Trump’s NAFTA 2.0, and a vindication of an approach his critics claimed would lead to disaster.
Mexico got on board weeks ago; Washington and Toronto agreed over the weekend. Canadian Prime Minister Justin Trudeau, who sparred for months with Trump, tweeted: “a good day for Canada & our closest trading partners.”
Jesus Seade, the negotiator for lefty Mexican President-elect Andres Manuel Lopez Obrador, said, “NAFTA 2 will give certainty and stability to trade.”
Yes, negotiations got rough along the way, but that was inevitable once Trump refused to accept the establishment don’t-rock-the-boat pieties.
Among the biggest changes: US dairy farmers get wider access to Canada’s dairy market; intellectual property gets tighter across-the-board protection and more of the autos sold in North America will be made in North America.
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04.30.2025