Trump agrees to renegotiate NAFTA with Canada, Mexico – for now

fox newsPresident Trump and the leaders of Mexico and Canada agreed Wednesday to renegotiate the North American Free Trade Agreement (NAFTA), the White House said – though Trump warned Thursday he’d be willing to “terminate” the pact if they can’t strike a “fair deal.”

“It is my privilege to bring NAFTA up to date through renegotiation,” Trump said in a statement late Wednesday. “It is an honor to deal with both [Mexican] President [Enrique] Peña Nieto and [Canadian] Prime Minister [Justin] Trudeau, and I believe that the end result will make all three countries stronger and better.”

The White House added that Trump “agreed not to terminate NAFTA at this time” and that all three leaders “”agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation” of the trade deal to “the benefit of all three countries.”

But Trump tweeted early Thursday that his cooperation is contingent on a fair deal being reached. …

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