President Trump is setting the stage for the US to renegotiate the North American Free Trade Agreement with its Canadian and Mexican neighbors through an executive order signed Monday. Trump was critical of NAFTA, stating that the removal of tariffs on most goods was a lopsided deal that disproportionately advantaged Mexico at the expense of the US, leading to large US trade deficits.Trump’s plan to renegotiate NAFTA is also part of the ultimate plan to have Mexico pay for the wall along the US-Mexico border. By the logic that if the US can decrease its trade deficit by at least $10 billion from renegotiating the deal with its southern neighbor, this would in effect be making Mexico pay for purported $10 billion cost of the wall.Trump is also expected to pull the US out of the Trans-Pacific Partnership (TPP), believing the deal is bad for US economic interests by costing the US jobs and building trade deficits.Ultimately, such tactics, if successful, are made to benefit exporters and designed to incentivize importers to create jobs within to the US to produce domestically.