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NAFTA changes loom over markets

from Times-News

Markets were rattled recently after news broke that Canada expected President Donald Trump to pull out of the North American Free Trade Agreement (NAFTA). The deal, which has been in place since 1994, lowered trade barriers between the U.S., Canada and Mexico and has boosted U.S. exporters and made goods cheaper for consumers. However, these benefits came at the cost of increased competition for domestic American industries, especially manufacturing. more


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