Weak Dollar, Lower Taxes, Record Profits, NAFTA Exit Could Give Some Manufacturers A Big Boost

President Trump has long made it clear that he believes the North American Free Trade Agreement (NAFTA) is a bad deal that hurts American workers and in recent weeks, the chances of the US pulling out of the 24-year-old trade pact have risen. Later this month, the 1994 treaty members are set to meet in Montreal for a new round of trade talks. The outcome of these talks is far from clear. Reuters has reported that Canada is increasingly convinced that Trump will soon announce the United States intends to pull out, which would also result in Mexico walking away. [munger]   Trump’s…