What does the cryptic crossword clue "Some plutocrat fancied overturning old trade deal (5)" mean?

The wordplay uses hidden reversed. Hidden (‘some’) and reversed (‘overturning’) in plutocrAT FANcied – North American Free Trade Agreement, instigated in 1994 – according to Trump “the single worst trade deal ever approved in the US” The answer is NAFTA.

Some plutocrat fancied overturning old trade deal (5)

Independent Cryptic #11990 | 5 Down | 2025-03-14 flower

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