(May 13) In an interview with the Economist, US president Donald Trump said that as soon as his trade czar is approved by the Senate he will start a major renegotiation of the North American Free Trade Act NAFTA.
|Just today, the US Senate voted in favor of approving Robert Lighthizer as the US Trade Representative. Lighthizer's nomination had been held up by his having to get a legal waiver as he had worked for foreign governments.|
"I have a very good relationship with Justin and a very good relationship with the president of Mexico. It was an amazing thing. They called separately 10 minutes apart. I just put down the phone with the president of Mexico when the prime minister of Canada called. And they both asked almost identical questions: 'We would like to know if it would be possible to negotiate as opposed to a termination.'And I said, 'Yes, it is. Absolutely.' So we did that and we'll start. "