As president he is replacing it with the United States-Mexico-Canada Agreement (USMCA), which is remarkably similar to NAFTA, with two significant exceptions: It is the first U.S. trade agreement designed to decrease trade, and it is larded with Democratic policy objectives.

As Sen. Patrick J. Toomey (R-Pa.) notes, under NAFTA there were zero tariffs on 100 percent of manufactured goods and 97.

Read original