rump is forging ahead with plans to renegotiate the North American Free Trade (NAFTA) agreement after signing an order for the U.S. to withdraw from the Trans-Pacific Partnership trade deal.
|1 of 3|
|Trump has threatened to withdraw from NAFTA that came into effect in 1994 if he cannot renegotiate it to benefit American interests. However, Mexico and Canada will also be looking to make changes to NAFTA once it is opened again to negotiation. Trump may not be able to convince Mexico and Canada that changes he wants are in their interests. Either country could decide it would rather withdraw from the pact than accept Trump's changes. Trump has complained in particular about Mexico and it may turn out to be the target of Trump changes.|
"There could be no other option. Go for something that is less than what we already have? It would not make sense to stay. The strategy for this treaty needs to be one in which everyone wins. It's impossible to sell it here at home if there aren't clear benefits for Mexico."