Navarro attributes USMCA shortcomings and record Mexico trade deficit to Biden oversight
In this C-SPAN segment, Peter Navarro defends the USMCA (implemented 2020) as well-negotiated by the Trump team but claims it was undermined during the Biden administration due to insufficient enforcement and oversight. He highlights the 'great transshipment scam,' where Chinese, European, and Asian goods allegedly enter Mexico or Canada with minimal processing to claim zero USMCA tariffs, driving a record US trade deficit with Mexico and costing US manufacturing jobs. Navarro argues for 'substantial changes' to USMCA or it 'is not going to be around,' emphasizing the need for a strong US industrial base. The interview relies on Navarro's firsthand account as a former Trump trade official, referencing the recent White House report on transshipment. No external experts or opposing views are presented; graphics or specific sourcing for deficit figures are not detailed in the clip.
Source: C-SPAN
