Trump made renegotiating the North American Free Trade Agreement a priority during his 2016 campaign, although trade experts say the impact of the new U.S.-Mexico-Canada Agreement will be modest. AdvertisementThe leaders of the U.S., Canada and Mexico signed the deal in late 2018. His trade negotiator, Robert Lighthizer, pressed for a revamped pact designed to bring factory jobs back to the United States. That would benefit the United States and Canada — not Mexico, where auto assembly workers are paid a fraction of that amount. He will travel Thursday to Michigan, where some of the state’s auto workers should benefit from a deal that encourages more manufacturing in the United States.

Source: Los Angeles Times January 29, 2020 16:41 UTC