The deal constitutes an important political victory for Mr. Trump and his second trade win of the month. The president signed an initial trade pact with China at the White House just two weeks ago, giving him crucial talking points as he heads into his re-election campaign. While his deals with China and other countries are smaller than traditional trade agreements, Mr. Trump will be able to claim that he has renegotiated trade terms with America’s biggest trading partners. The deal helped to more than triple America’s trade with Canada and Mexico since its inception. Some Americans, particularly those with less education, lost out as American factories moved to Mexico, leaving unemployed workers and crumbling communities.

Source: New York Times January 29, 2020 16:50 UTC