What´s at stake in Trump´s push to rewrite NAFTA
(WorldNews Business)

The Trump administration on Thursday announced plans to renegotiate the North American Free Trade Agreement with Mexico and Canada-a move that could shake up business across the continent. Here’s what’s at stake: WHAT IS NAFTA? Negotiated by President George H.W. Bush and signed into law by President Bill Clinton, NAFTA took effect on Jan. 1, 1994. The trade pact eliminated tariffs _ taxes on imports _ and other trade barriers among the United States, Canada and Mexico. The impact on some vulnerable U.S. industries was delayed. Tariffs on textiles and clothing, for instance, were phased out only gradually. So were many trade barriers in the auto industry. Supporters said the...