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U.S., Mexico and Canada agree to renegotiate NAFTA

Staff Writer |
U.S. President Donald Trump said that a "fair deal for all" was possible after he agreed with the leaders of Mexico and Canada to renegotiate the North American Free Trade Agreement (NAFTA).

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"I received calls from the President of Mexico and the Prime Minister of Canada asking to renegotiate NAFTA rather than terminate," Trump wrote on Twitter. "I agreed subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. Relationships are good-deal very possible!"

During telephone conversations with Mexico's President Enrique Pena Nieto and Canada's Prime Minister Justin Trudeau, Trump had "agreed not to terminate NAFTA at this time," the White House said in a statement released late Wednesday.

Instead, "the leaders agreed to proceed swiftly ... to enable the renegotiation of the NAFTA deal to the benefit of all three countries."

"It is my privilege to bring NAFTA up to date through renegotiation," Trump said.

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