President Trump managed to put together a new NAFTA deal with Canada just before the deadline. In his latest podcast, Peter Schiff called the “NAFTA rebrand” a marketing fraud.
When Donald Trump was a candidate, he said NAFTA was the worst trade agreement ever negotiated by anybody. Even as he was taking credit for the new deal he just negotiated, Trump reiterated how bad the original deal was. Now he is saying the new NAFTA is the greatest deal ever negotiated.
So, we went from the worst deal in the history of deals to the best deal in the history of deals. The problem is — it’s basically the same deal. I mean, the only thing that’s really changed is the name. And we went from a good name to a lousy name.”