Trump's new trade deal is just NAFTA 'with some bells and whistles,' analysts say

Jae C. Hong/AP Images

• Officials reached the US-Mexico-Canada Agreement after a year of negotiations Sunday.
• President Donald Trump portrayed it as a groundbreaking pact. 
• But analysts say the new agreement isn't too different from the original NAFTA deal.

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While President Donald Trump hails a revised NAFTA as the "most advanced trade deal in the world," some analysts are wondering what all the hype is about.

Officials reached a breakthrough on the US-Mexico-Canada Agreement in 11th-hour negotiations Sunday night, calming fears that the trilateral deal could be scrapped when a self-imposed deadline hit hours later. But analysts say the new deal doesn't look very different from the trade dynamics that have governed the US and its neighbors for decades.See the rest of the story at Business Insider

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SEE ALSO: US, Canada reach an agreement on NAFTA rewrite, paving the way for an overhaul of the massive trade deal