Stellantis selling stake in battery plant joint venture in Ontario to partner

WASHINGTON, D.C. — The North American Free Trade Agreement was forged in the 1990s with the notion that greater manufacturing integration between Canada, the United States, and Mexico would benefit all three countries. But U.S. President Donald Trump, who blamed NAFTA for the loss of U.S. factories, trade deficits with neighbours, and pressure on blue-collar wages, saw it as “the worst trade deal ever.” So he renegotiated to create the Canada-U.S.-Mexico Agreement in 2020, with tougher rules favouring North American production, stronger labour protections, and digital age updates. His...