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Sunday, March 3, 2024

Trump To Re-negotiate NAFTA, until he doesn’t

Trump To Re-negotiate NAFTA, until he doesn’t

On Thursday, President Trump said the U.S. will renegotiate the North American Free Trade Agreement but also is ready to end the pact if a “fair deal” is not reached with Mexico and Canada.

“I was going to terminate NAFTA as of two or three days from now,” he said during a meeting at the White House with Argentinian President Mauricio Macri today.

According to Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto called him, asking him not to move so quickly.

“They said, ‘Rather than terminate NAFTA, could you please renegotiate?’” Trump recounted. “I said, ‘I will hold on the termination. Let’s see if we can make it a fair deal.”

Trump added, “I like them very much. I respect their countries very much. Their relationship is very special.”

NAFTA was a key campaign issue for Trump.

“We have to make a deal that’s fair for the United States. They understand that,” Trump said. “So I’ve decided rather than terminating NAFTA — which would be a pretty big, you know, shock to the system — we will renegotiate.”