Hinrich Foundation: Difficult Issues to Resolve in Nafta

The video discusses the renegotiation of the NAFTA agreement, focusing on updates and modernization efforts. Key issues include the removal of Chapter 19, which is important to Canada and Mexico, and the US's focus on reducing the trade deficit. The discussion highlights the complexity of these negotiations, given the intertwined supply chains and the relatively minor role of NAFTA in the overall US trade deficit. The end goal is not a complete overhaul but enough changes to claim improvements.

What is the significance of Chapter 19 in the context of the NAFTA agreement?

What are the potential challenges the US may face in reducing the trade deficit with Canada and Mexico?