Trump Says Nafta Pullout Still Possible If Renegotiation Fails

  • U.S. to pursue talks with Mexico and Canada, White House says
  • Trump aides said to be divided over how aggressively to move

BMO Global's Bell on Nafta, Trump's Tax Plan

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President Donald Trump said Thursday he’s still ready to pull out of the North American Free Trade Agreement if he can’t renegotiate better terms for the U.S. but that he decided to hold off on a decision after appeals from the leaders of Canada and Mexico.

“I was going to terminate NAFTA as of two or three days from now,” Trump told reporters in the Oval Office. But he said he reconsidered after Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau both phoned him Wednesday asking him to renegotiate the deal instead. Those talks will start as soon as today, he said.