President Donald Trump cried as he promised to repeal NAFTA and other trade deals he considered unfair to the United States. On August 27, 2018, he announced a new trade agreement with Mexico, which is expected to replace it. The U.S.-Mexico trade agreement, as has been said, would maintain duty-free access for agricultural products on both sides of the border and eliminate non-tariff barriers, while encouraging more agricultural trade between Mexico and the United States and effectively replacing NAFTA. In the absence of a free trade agreement, it is very likely that the number of bilateral EPIs in the Western Hemisphere will increase further. Some analysts note that with the increase in the number of ATRs, it is possible to consolidate existing agreements in larger trade agreements in regions of the world, such as the EU, which has undergone five successive enlargements and has increased EU membership from six to twenty-five. (62) Another example of consolidation or expansion is the bilateral agreement between the United States and Canada in the 1980s, which helped to focus on the multilateral round of negotiations in the Uruguay round and the creation of NAFTA. Some believe, however, that this strategy is not the best way for the United States to proceed. One of the reasons given is that the focus on bilateral agreements distracts the United States from its leadership role in reviving the FTA negotiations. Another reason is that bilateral agreements do little to address issues such as agricultural trade issues or to strengthen trade relations between the United States and Brazil. (63) Since the 1990s, Latin American and Caribbean countries have been a priority of U.S. trade policy, as evidenced by the adoption of the North American Free Trade Agreement (NAFTA), the U.S.-Chile Free Trade Agreement and, more recently, the Free Trade Agreement between the Central Republic and the Dominican Republic (CAFTA-DR). The Bush administration made trade agreements important elements of U.S. trade policy.
The United States is in the process of concluding trade negotiations with Andean countries for a free trade agreement (FTA) and the reactivation of talks on a free trade agreement between the United States and Panama and a U.S. Free Trade Area (FTA).