"President Trump agreed not to terminate NAFTA at this time and the leaders agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation of the NAFTA deal to the benefit of all three countries," the White House said. Trump railed against the decades-old trade deal during his campaign, describing it as a "disaster." Trump has the authority to withdraw from NAFTA, but he would have to give six months' notice. I think NAFTA has been a catastrophic trade deal for the United States, trading agreement for the United States. The Trump administration last month submitted a vague set of guidelines to Congress for renegotiating NAFTA, disappointing those who were expecting Trump to demand a major overhaul.

Source: Los Angeles Times April 27, 2017 02:59 UTC