President Donald Trump has announced that the United States and Mexico have reached a preliminary trade agreement that he says will replace the existing North American Free Trade Agreement (Nafta), and benefit citizens of both countries. Mr Trump said that he will now begin negotiations with Canada, and said that the existing name for the current trade deal will be terminated entirely. “They used to call it Nafta, we’re going to call it the United States-Mexico trade agreement,” Mr Trump said, claiming that Nafta has a negative connotation.
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