Mexico and U.S. enter trade agreement in preliminary move to revamp NAFTA

President Trump.
(Image credit: MANDEL NGAN/AFP/Getty Images)

Trade negotiators from the U.S. and Mexico struck a deal Monday that will revise major aspects of the North American Free Trade Agreement, The New York Times reports.

President Trump has called NAFTA "disaster" for American workers. The new deal will be called the U.S.-Mexico Trade Agreement, eliminating the NAFTA name, Trump told reporters. The preliminary agreement reportedly focuses on the rules for automobile trade and manufacturing, as Trump has sought to keep car manufacturers in the U.S.

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Summer Meza, The Week US

Summer Meza has worked at The Week since 2018, serving as a staff writer, a news writer and currently the deputy editor. As a proud news generalist, she edits everything from political punditry and science news to personal finance advice and film reviews. Summer has previously written for Newsweek and the Seattle Post-Intelligencer, covering national politics, transportation and the cannabis industry.