2016-27 President elect and our foreign trade

As you probably know by now, US president-elect is anti free trade. He campained on revising NAFTA , which he called the worst agreement ever.

His main concern is Mexico. A lot of US firms moved there to take advantage of  cheap labour. As a result, US trade deficit with Mexico is 60 billion dollars. The deficit with Canada is $15 billion.

So are we safe? No. Here is a list of the main problems: "Any talks with Canada, which had a trade agreement with the U.S. that predates Nafta, would likely bring up thorny issues that have long dogged relations, including softwood lumber imports from British Columbia, Canada’s support for its dairy farmers and the labeling of beef in the U.S. produced from cattle born or raised in Canada."