5 key differences between NAFTA and Trump's USMCA deal

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5 key differences between NAFTA and Trump's USMCA deal
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Here are five key differences between NAFTA and Trump's USMCA deal

Washington After reaching a deal on the final version of the United States-Mexico-Canada Agreement, President Donald Trump tweeted that it"will be the best and most important trade deal ever made by the USA" -- and called its predecessor, the North American Free Trade Agreement,"our Country's worst Trade Deal."

House Speaker Nancy Pelosi echoed that view, saying in her announcement that"there is no question of course that this trade agreement is much better than NAFTA."But the two deals are far more alike than they are different -- and the impact of the renegotiated agreement may not be that big. In April, the US International Trade Commission, a federal government agency, found the initial version of the USMCA would create 176,000 jobs after six years and increase the GDP by 0.

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