The NAFTA between the US, Mexico and Canada has bound the economies of two countries together for more than 20 years, enabling the free flow of goods. The agreement dates back to the Presidency of Ronald Regan, who established a US-Canada free trade agreement in the 1980’s before negotiation for the addition of Mexico began under George W Bush

Required:

1. Why is Trump looking for to renegotiate it?

2. How has the contract with Mexico converted Nafta?

3. What does it imply for world markets and exchange?