As president, Trump would have huge trade powers

Donald Trump promises to do a lot of things if he is elected president, but there is something different about his pledges to change trade deals.

That’s something he could actually do.

Congress, the courts and possibly the federal bureaucracy could constrain many of Trump’s plans to reduce taxes and cut regulations, but various laws give presidents wide latitude to change existing trade agreements, according to economic analysts.

A President Trump could, on his own, rework and even withdraw the United States from the North American Free Trade Agreement (NAFTA), the World Trade Organization (WTO) and separate trade deals with other countries — moves he says would be designed to revive U.S. manufacturing jobs, but that critics fear would induce a recession-triggering trade war.

 


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Source: http://www.usatoday.com/story/news/politics/elections/2016/10/06/donald-trump-trade-policy-nafta/91260866/