WEB Notes: Considering this administration has signed a climate pact, it is most likely they will re-work NAFTA, but not “kill” it.
The US plans to start talks with Mexico and Canada over Nafta “as soon as practicable”, the Trump administration said on Thursday.
The letter to congressional leaders provided formal notice of the administration’s intent to move forward with a campaign pledge to reform the 1990s trade deal.
Mr Trump earlier threatened to end the agreement, calling it a job “killer”.Thursday’s letter said the deal needs “modernisation”.
In 2016, Canada and Mexico were America’s second and third-largest trade partners after China.