Trump assures PM: No NAFTA withdrawal for now
WASHINGTON — U.S. President Donald Trump swore off plans to cancel the North American Free Trade Agreement on Wednesday, after a day rife with speculation that he could be on the verge of threatening to obliterate the seminal trade deal.
The president made the announcement at the end of a dramatic day following an evening phone chat Wednesday with Prime Minister Justin Trudeau, followed by another call with Mexican President Enrique Pena Nieto.
Trump sounded satisfied that his peers had agreed to negotiate swiftly. This has been a top concern of Trump’s administration, which has expressed frustration over the pace.
Trump’s key campaign promise to renegotiate NAFTA is up against the clock: U.S. Congress has yet to sign off on negotiations, and there might be less than a year to get a deal before the Mexican election.