Trump Threatens NAFTA Withdrawal

Officials In Texas React To President's Comments Concerning NAFTA

"...it's one of the great deals of all time for them (Mexico)".

Last Sunday, just five days before the second round of the renegotiations of the North American Free Trade Agreement (NAFTA), President Donald Trump criticized Mexico again. In my opinion, Mexico has been very hard - as they should be, why wouldn't they be?

As trade talks begin anew in Mexico City on September 1-5, we hope the Trump Administration will know the importance of this market to our region and our country, and he will continue to fight back to get the best deal for USA companies and workers, and will leverage this administration's undeniable business skills to broker a new trade deal that will serve us all for decades to come.

Trump's statement at a rally in Phoenix on Tuesday declaring that the United States "probably will end up terminating NAFTA at some point" has been viewed by some observers as more of a negotiating ploy than a policy statement.

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But asked if Mexico would remain at the table if Mr. Trump followed through on threats to start the process of withdrawing from the trade pact, Mr. Videgaray said, "No. We need to be prepared for a scenario in which the United States or its president leaves the NAFTA", Villarreal said in an interview with the El Economista newspaper.

The White House isn't even pretending that Mexico is going to pay for that wall anymore. "I am willing to say that we will work it out, but that means it will come out in the wash and that is okay". For example, when he tweeted in July about banning transgender people from serving in the military, military officials said they had not received official orders. In its Sunday statement, the Mexican foreign ministry said it has no intention of making a deal to contribute funds to the wall.

"I'd like to see what comes from negotiations before discussion of withdrawal", he said in a statement.

The first round of talks for the modernization of the North American Free Trade Agreement closed in August, with more negotiations right around the corner. While NAFTA is primarily a trade agreement, it contains a number of immigration provisions and a US withdrawal would potentially affect hundreds of thousands of workers admitted under these provisions.

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