President Donald Trump announced that he will NOT be cutting ties with NAFTA. He said that he will not renege on the trade deal, but will find something that works with for the United States “through negotiation.”
The fact that he was so quick to say he was willing to cut ties with NAFTA actually put Americans at an advantage.
People in the White House are saying that this method he used is directly from President Trump’s book, “Art of the Deal.”
If the deal does not agree with him, we still have the option to terminate NAFTA, once again giving the United States final say.
The President of Mexico and the Prime Minister of Canada would much rather renegotiate than end the trade agreement all together.
The finalization of this might take some time, but President Trump and his administration will make sure that it will be the best deal possible for the American worker.
Trump confirmed the news on Thursday morning. “I received calls from the President of Mexico and the Prime Minister of Canada asking to renegotiate NAFTA rather than terminate,” he wrote on Twitter. “I agreed subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. Relationships are good — deal very possible!” A senior White House advisor described the abrupt whiplash on NAFTA as the president’s “art of the deal,” rather than a swift reaction to a misstep. “This expedites renegotiations,” the adviser told Breitbart News.
The news kicked off on Wednesday, as Politico’s Tara Palmeri scooped that the White House had drafted an executive order to withdraw from NAFTA. Five hours later, the New York Times confirmed the news. The story broke just as Trump’s top economic advisors prepared to reveal their dramatic tax reform plan to journalists at the White House.