US President Donald Trump has touted a new trade agreement made with Canada and Mexico that replaces NAFTA as “truly historic news,” marking it as a victory in his push to reshape the lines of global commerce.
The new trilateral deal is “truly historic news for our nation and indeed for the world,” Trump said Monday during a press conference at the White House.
“We have successfully completed negotiations on a brand new deal to terminate and replace NAFTA and the NAFTA trade agreements with an incredible new US-Canada-Mexico agreement,” Trump said, pledging that “it will transform North America back into a manufacturing powerhouse.”
“These measures will support many – hundreds of thousands – American jobs,” Trump said. “It means far more American jobs, and these are high-quality jobs.”
US and Canadian negotiators worked frantically ahead of a US-imposed deadline on Sunday to settle differences, with both sides making…