White House readies order to quit NAFTA

UPDATE: President Donald Trump’s tweets later in the day appear to have altered the focus of the administration’s attitude toward NAFTA.

Trump says NAFTA deal with Canada, Mexico, is ‘very possible’

WASHINGTON, April 27 (Reuters) – U.S. President Donald Trump said on Thursday that renegotiating the North American Free Trade Agreement with neighboring Canada and Mexico was “very possible,” but he threatened to scrap the pact if the countries failed to reach a “fair deal for all.”

“I received calls from the President of Mexico and the Prime Minister of Canada asking to renegotiate NAFTA rather than terminate,” Trump wrote on Twitter. “I agreed … subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. Relationships are good – deal very possible!”

The following is the story from earlier in the day April 27.

WASHINGTON, D.C. (Reuters) — A draft executive order to withdraw the United States from the North American Free Trade Agreement is under consideration, a senior Trump administration official said today, confirming an earlier report from Politico.

It was unclear whether the order would be enacted by President Donald Trump, who has vowed to pull out from NAFTA — a U.S., Mexico and Canada trade pact — if he cannot win better terms for America.

Trump has accused Mexico of destroying U.S. jobs, and this week he set 20 percent tariffs on imports of Canadian softwood lumber, setting a tense tone as the three countries prepared to renegotiate the 23-year-old trade pact.

Last week, Trump also called Canada’s dairy protections “unfair.”

Mexico had expected to start NAFTA renegotiations in August, but the possible executive order could add urgency to the timeline.

Trump criticized Mexico extensively during his presidential campaign. The United States went from running a small trade surplus with Mexico in the early 1990s to a $63 billion deficit in 2016.

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  • bufford54

    Just when everything was going smoothly for the Liberal government. Deficit spending was increasing nicely , the Canadian dollar is dropping by the day, illegal immigrants are escorted by police to the nearest welfare office, and “Taliban Trudeau” is holding weekly “bong” parties for all his political contributors. Vacations to private tropical islands, $1600 liquor tabs while flying on a Canadian government jet. Life is good at the top, if your a Liberal. It would appear Trudeau’s kiss ass approach hasn’t worked on the new Trump administration, thus far. What I want to know is, why is the media and the Liberal government blaming president Trump for trying to get a better deal for the American voters? What has Trudeau done to make Canadian tax payers lives better? Oh never mind, just roll me another joint, I don’t want to be the only Canadian to face reality.

    • Harold

      It will take a fist full of joints to enter into Trudeau’s reality; you are better off without it because at least you’ll be able to find your back side with both hands.
      Trudeau calls himself a feminist unaware that he is a male and I’m not sure of what drug to take. Trudeau’s entire Ottawa days looks more like a toilet seat siesta compared to Trump’s first 100 days. At least Trudeau is a young boy with good looks and nice hair and that’s all that counts in the Liberal leadership party. There is a reason why the liberal party don’t want him in question periods and why Trudeau is in the hallways taking selfies of himself after his memorized monologues run dry.


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