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Beatriz Leycegui

Renegotiation of NAFTA – 27th of April 2017

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Despite of previous address regarding NAFTA (North American Free Trade Agreement) termination, President Trump agreed to negotiate with President Peña Nieto and Prime Minister Justin Trudeau for a better and stronger agreement for all three countries.

The two-decade old agreement needs swift reconsideration by the three leaders to prevent the White House intention from withdrawing. Last week news revealed that the White House has prepared a draft to notify the United States withdraw from NAFTA. This Draft would give Canada and Mexico a six-month notice of exit from the agreement by United States.