NAFTA: What it is, and why Trump hates it

NAFTA explained

President-elect Donald Trump plans to get tough on Mexico and China starting Day 1 of his administration.

Top of Trump’s wish list is to renegotiate or “terminate” NAFTA — the North American Free Trade Agreement. He also wants to slap a 35% tax on goods, such as Ford (F) cars, that are made in Mexico and sold in the U.S.

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Economic news – CNNMoney.com

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