[CTC] Trump says US will ‘probably’ end NAFTA

[Arthur Stamoulis]

VIDEO: http://www.cnn.com/videos/politics/2017/08/23/president-trump-phoenix-rally-nafta-sot.cnn


https://www.washingtonpost.com/national/the-latest-arizona-governor-greets-president-on-tarmac/2017/08/22/c9ced968-8796-11e7-96a7-d178cf3524eb_story.html?utm_term=.f08ac60463b8

The Latest: Trump says US will ‘probably’ end NAFTA

By Associated Press August 22 at 11:59 PM
PHOENIX — The Latest on President Donald Trump’s visit to Arizona (all times PDT):

8:40 p.m.

President Donald Trump says he thinks the U.S. will “end up probably terminating” the North American Free Trade Agreement with Canada and Mexico “at some point.”

Trump tells supporters at a Phoenix, Arizona rally that, “Personally, I don’t think we can make a deal because we have been so badly taken advantage of.”

But he cautions he has yet to make up his mind.

The U.S., Mexico and Canada began formal negotiations last week to rework the 23-year-old trade pact that Trump slammed during his campaign as the “worst” in history.

The Canadian and Mexican negotiators believe NAFTA needs to be updated. But they have defended the pact, which eliminated most barriers on trade between the countries, as an economic success story.



https://www.reuters.com/article/us-usa-trump-nafta-idUSKCN1B30F2?il=0

Trump Warns May Terminate NAFTA Treaty

PHOENIX (Reuters) - U.S. President Donald Trump warned on Tuesday he might terminate the NAFTA trade treaty with Mexico and Canada after three-way talks failed to bridge deep differences. 

The United States, Canada and Mexico wrapped up their first round of talks on Sunday to revamp the trade pact with little sign of a breakthrough coming. Trump reopened negotiations of the 1994 treaty out of concern U.S. economic interests were suffering. 

"Personally, I don't think we can make a deal. I think we’ll probably end up terminating NAFTA at some point," Trump said at a political rally in Phoenix, Arizona. 

Suggesting a termination might help jumpstart the negotiations, Trump said: "I personally don’t think you can make a deal without a termination." 

Following Trump's remarks, Mexican foreign minister Luis Videgaray tweeted: "No surprises: we're already in a negotiation. Mexico will remain at the table with serenity, firmness and with the national interest ahead." 

In a joint statement issued at the end of five days of negotiations in Washington, the top trade officials from the three countries said Mexico would host the next round of talks from Sept. 1 to 5. 

The talks will move to Canada later in September, then return to the United States in October, with additional rounds planned for later this year.


Arthur Stamoulis
Citizens Trade Campaign
(202) 494-8826




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