Trump’s New NAFTA Would Drive Up Drug Prices

On the campaign trail, Donald Trump set himself apart from fellow Republicans and even Hillary Clinton by advancing a protectionist trade agenda and promising to renegotiate or scrap the 1994 North American Free Trade Agreement between the United States, Canada and Mexico. So, the president celebrated on Monday after last-minute negotiations with Canada advanced a new version of NAFTA. “It’s an amazing deal for a lot of people,” Trump said during an address at the White House. However, critics say the current draft of the $1.2 trillion deal would not completely halt the outsourcing of US jobs to Mexico, and it imperils one of Trump’s other campaign promises: reducing the price of prescription drugs for US consumers.
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