Trump Says Talks Should 'Work Out Very Well' for NAFTA Parties, but That Termination of It Still Possible
Speaking alongside Canadian Prime Minister Justin Trudeau in the White House ahead of a bilateral meeting Oct. 11, President Donald Trump said he believes the NAFTA renegotiation will “work out very well for both countries and Mexico,” after threatening several…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
times to withdraw from the pact. Trump also said termination would be “fine,” and noted the potential for either successful or failed negotiations. “It's possible we won't be able to make a deal, and it's possible that we will,” Trump said. “We'll see what happens with NAFTA, but I've been opposed to NAFTA for a long time. In terms of the fairness of NAFTA, I said we'll renegotiate. And I think Justin understands this: If we can't make a deal, it'll be terminated and that will be fine.” Trump also added that NAFTA was set to be a “big factor” during his meeting with Trudeau, and that the U.S. would seek bilateral deals with Canada and Mexico if trilateral negotiations break down.