President Donald Trump was elected in 2016 on the very important promise of implementing an America first posture on trade, promising to renegotiate the North American Free Trade Agreement (NAFTA) with Mexico and Canada, and to begin to restore hundreds of billions of trade balances with China using pressure and tariffs China after more than a decade of being treated unfairly.
President Trump succeeded on both counts, winning adoption of the U.S.-Mexico-Canada Agreement (USMCA) earlier this year and achieving the first ever U.S.-China trade deal that was completed right before the COVID-19 pandemic became public knowledge.
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