After more than a year of three-party talks to renegotiate the North American Free Trade Agreement, President Donald Trump’s top economic aide says a new approach is needed. Larry Kudlow told “Fox & Friends” Tuesday morning that the administration now prefers to negotiate with Mexico and Canada separately. “When you have to compromise with a whole bunch of countries, you get the worst of the deals,” Kudlow said. “Why not get the best? … Canada is a whole lot different from Mexico.” He says Trump won’t withdraw from NAFTA, but that he’s just “trying a different approach.” Still, that got us wondering, what would happen if NAFTA were to fade away?
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.