Trump set to scrap NAFTA

Must Read

Europa: Ighalo Scores As Manchester United Runs Riot Against Club Brugge

Nigerian International, Odion Ighalo has finally found the back of the net for the Red Devils as they run...

Arsenal Dumped Out Of Europa By Olympiakos

Arsenal has been dumped out of the Europa league by Greek side, Olympiacos after losing 2-1 at the Emirates...

BREAKING: First Case Of Coronavirus Confirmed In Lagos

The Federal Ministry of Health has confirmed a coronavirus disease (COVID-19) case in Lagos State, Nigeria.The case, which was...

Ondo 2020: Why Akeredolu Deserves Another Term – Falana

With the Ondo state gubernatorial poll drawing closer, popular human rights activist lawyer, Femi Falama(SAN) has drummed massive support...

Rep Member Asks Colleagues To Donate Salary To Security Agencies

 A member of the house of representatives from Kano state, Nasiru Ali has begged his colleagues in the house...

President of United States, Donald Trump has renewed his threat to scrap NAFTA and also ripped on trading partners Canada and Mexico in a tweet early on Sunday, days before the three countries were scheduled to hold a second round of negotiations on rewriting the 23-year-old agreement.

“We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada. Both being very difficult, may have to terminate?” he wrote.

Trump, a Republican, promised during his campaign to overhaul or eliminate the North American Free Trade Agreement, which he cast as killing jobs and exacerbating the U.S. deficit, and to adopt a more protectionist stance on trade generally.

The first five-day round of talks between the three countries concluded last Sunday, with all sides committing to follow an accelerated process in revamping the agreement.

It was originally signed by former President Bill Clinton, a Democrat whose wife, former Secretary of State Hillary Clinton, ran against Trump in the2016 election.

Going into the five-day round of negotiations starting Sept. 1 in Mexico, Trump has kept the heat turned up.

Both Mexico and Canada have dismissed his musing in a Tuesday speech that “we’ll end up probably terminating NAFTA at some point” as a negotiating tactic.

Source: ( PM News )

- Advertisement -
Ad ==> Discover how a young Nigerian graduate now makes a consistent 40k per week doing a legitimate online business. You too can start yours now, click here!!!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -