Critics say Trump NAFTA replacement too similar to TPP
ADAM BEHSUDI | Politico
President Donald Trump’s campaign promise to bring sweeping changes to the “terrible” North American Free Trade Agreement just got a dose of reality.
An eight-page draft letter to Congress outlining the administration’s negotiating objectives shows how daunting it will be to translate campaign rhetoric to real policy changes that will achieve Trump’s goals of bringing jobs back to the U.S.and cutting the trade deficit.
Critics are pointing out that the White House blueprint for changing NAFTA sounds a lot like the defunct Trans-Pacific Partnership deal negotiated by the Obama administration because it includes calls for U.S. trading partners to adhere to strict labor and environmental standards. At the same time, it doesn’t address issues that Trump touted on the campaign trail, such as currency manipulation.
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