Summary of NAFTA Renegotiation

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

NAFTA Renegotiation summary
Start getting smarter:
or see our plans




  • Controversial
  • Overview
  • Hot Topic


One of Donald Trump’s banner campaign promises was to revamp or eliminate the North American Free Trade Agreement (NAFTA), which he called “the worst trade deal” in US history. He blames NAFTA for the loss of US manufacturing jobs. Soon after the election, the White House set a renegotiation in motion. However, the Brookings Institution’s Amanda Waldron makes the case that the effort to revise or toss the agreement may be misguided and potentially dangerous. getAbstract recommends this succinct but cogent article to trade experts and to executives whose companies would bear the impacts of changes to NAFTA.

About the Author

Amanda Waldron is a digital media manager at the Brookings Institution.



In July 2017, the Trump administration signaled that one of its major objectives in renegotiating NAFTA is to cut the trade deficit, blamed for factory closings and job losses in US manufacturing. If trade officials from the United States, Mexico and Canada can agree to new terms, Congress will still need to approve the changes. But before all that happens, claims that NAFTA is harming the American economy need greater scrutiny.

Since its inception in 1994, NAFTA has created benefits that outweigh its drawbacks. Critics point to the US loss of ...

More on this topic

Customers who read this summary also read

How to Make Trade Work for Workers
How is COVID-19 affecting US trade?
The China-U.S Trade War and Future Economic Relations
Good Economics for Hard Times
How Should We Think about the Winners and Losers from Globalization?
It Is Time to Abandon Dollar Hegemony

Related Channels

Comment on this summary