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Showing Original Post only (View all)White House readies order on withdrawing from NAFTA [View all]
Source: Politico
The Trump administration is considering an executive order on withdrawing the U.S. from NAFTA, according to two White House officials.
A draft order has been submitted for the final stages of review and could be unveiled late this week or early next week, the officials said. The effort, which still could change in the coming days as more officials weigh in, would indicate the administrations intent to withdraw from the sweeping pact by triggering the timeline set forth in the deal.
The approach appears designed to extract better terms with Canada and Mexico. President Donald Trump pledged on the campaign trail to renegotiate NAFTA, a trade deal signed in 1994 by former President Bill Clinton that removes tariffs and allows for the free flow of goods and services between the three countries in North America. Trump in recent weeks has stepped up his rhetoric vowing to terminate the agreement altogether.
NAFTAs been very, very bad for our country, he said in a speech last week in Kenosha, Wisconsin. Its been very, very bad for our companies and for our workers, and were going to make some very big changes or we are going to get rid of NAFTA once and for all.
Read more: http://www.politico.com/story/2017/04/26/white-house-nafta-withdraw-trump-237632