NAFTA is in trouble. Big trouble. President Donald Trump has called the North American Free Trade Agreement “the worst trade deal maybe ever signed anywhere,” responsible for swollen trade deficits and job losses. Earlier this year, Trump triggered renegotiation of the agreement. Talks among the United States, Mexico and Canada are ongoing.

In this episode, Tony Payan, director of the Baker Institute’s Mexico Center, discusses the provisions of NAFTA, the agreement’s economic impacts and the politics driving the current talks.