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What NAFTA talks could mean for U.S. consumers and business

A countdown for a possible redo of a massive trade deal that could affect consumer prices and move jobs across the U.S. borders may be set to begin.

Politicoreported Thursday that the Trump administration is expected to send to Congress a final letter notifying them that it will open trade talks with Canada and Mexico to renegotiate NAFTA, citing an administration official and congressional aides

President Trump, once a harsh critic of the North American Free Trade Agreement, has changed his mind and wants to renegotiate it with the U.S. partner nations. NAFTA, established in 1994 by the U.S., Canada and Mexico, created a free trade zone in North America by eliminating most tariffs and encouraging the unimpeded flow of products that many economists say has benefited its member nations.

read more at usatoday.com

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