Trump says he's 'terminating' NAFTA, announces new trade agreement with Mexico

Posted by mminnick 5 years, 8 months ago to News
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From the article:
"President Trump on Monday said he plans to terminate the existing North American Free Trade Agreement, as he announced a new agreement between the United States and Mexico that he described as "one of the largest trade deals ever made."
"I'll be terminating the existing deal and going into this deal," the president said in the Oval Office, calling it a "big day for trade."
But the president said Monday “we’ll see” if Canada can still be part of the trade pact, leaving open the possibility of separate agreements.
"We are starting negotiations with Canada pretty much immediately," Trump said.
Trump, sitting at the Resolute Desk, put Mexican President Enrique Peña Nieto on his speaker phone as the press watched in the Oval Office. The Mexican president, speaking through a translator, congratulated the negotiators on both sides and expressed hope the United States and Canada would come to an agreement. "
Commenty: It is about time NAFTA was scraped and replaced with a treaty better than the original. It remains to be seen if Canada will join with Mexico and the US in the new agreement.
SOURCE URL: http://www.foxnews.com/politics/2018/08/27/trump-says-hes-terminating-nafta-announces-new-trade-agreement-with-mexico.html


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  • Posted by mshupe 5 years, 8 months ago
    Sounds like a horrible, crony agreement. Even Kilmeade at Fox said the small price increases consumers will pay are worth. Is he one of the bigger jerks over there?
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