Leaked Trump draft order blames NAFTA for ‘massive’ wealth transfer from U.S.
WASHINGTON — A published report says President Donald Trump planned to give Canada and Mexico five days notice that the U.S. intended to leave the North American Free Trade Agreement.
The Financial Times says it received a leaked draft executive order that Trump had originally planned to sign on Saturday before back-tracking and agreeing to renegotiate the trade pact.
A copy of the draft order posted online by the Financial Times says Canada has “continued to exploit the American dairy and lumber industries.”
The document blames NAFTA for a “massive transfer of wealth” from the United States, the loss of 700,000 jobs and a more than $1-trillion trade deficit with Mexico since the agreement was enacted in 1993.