"The intellectual backwardness of many of Trump's trade advisors contrasts dramatically with some of the very good advice he's gotten in terms of deregulation," says Roberto Salinas-León, president of the Mexico Business Forum and adjunct scholar at the CATO Institute. "Talking about your second most important trading partner in that [derogatory] vein—that's not the 'art of the deal.' That's just very bad business."

Salinas-León, an expert on trade and monetary policy, says that if Trump ends the North American Free Trade Agreement (NAFTA), it would decimate jobs on both sides of the border.

Reason's Nick Gillespie sat down with Salinas-León at Freedom Fest in Las Vegas to discuss NAFTA's economic impact, his heated confrontation with Trump at Freedom Fest 2015, and how the president's anti-Mexico rhetoric propelled leftist presidential candidate Andrés Manuel López Obrador ("a rabid, primitive, vitriolic, populist") to the top of the polls.

Interview by Nick Gillespie. Edited by Alexis Garcia.