The Borneo Post

Trump vows to ‘start renegotiat­ing’ NAFTA

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WASHINGTON: US President Dona ld Trump ple d ged to begin renegotiat ing the North American Free Trade Agreement in upcoming talks with the leaders of Mexico and Canada.

“We’re meeting with the prime minister of Canada and we will be meeting with the president of Mexico, who I know, and we’re going to start some negotiatio­ns having to do with NAFTA,” Trump said while addressing White House staff on his second full day in office.

Trump wi l l receive his Mexican counterpar­t Enrique Pena Nieto on January 31.

No date has been given for a meeting with Canada’s Justin Trudeau, but it is expected ‘soon,’ according to a readout from a call between the two leaders on Saturday.

Trump praised the Mexican leader, saying: “The president has been really very amazing and I think we are going to have a very good result for Mexico, for the United States, for everybody involved. It’s very important.”

As a candidate Trump made a surprise visit to Mexico in a bid to portray himself as a capable statesman on the internatio­nal stage.

T he me e t i n g

We’re meeting with the prime minister of Canada and we will be meeting with the president of Mexico, who I know, and we’re going to start some negotiatio­ns having to do with NAFTA.

t u r ne d controvers­ial after Pena Nieto and Trump cont rad ic ted each other’s accounts of the encounter.

Trump told reporters that the pair did not discuss who would pay for the hotly contested border wall he has promised to build, while Pena Nieto said he “made it clear that Mexico will not pay for the wall”.

The real estate magnate vowed throughout his campaign to construct a massive wall along the US-Mexican border to stem illegal immigratio­n, promising that Mexico would foot the bill.

Concerning NAFTA, the White House website was updated immediatel­y af ter Trump’s swearing-in to ref lect his campaign commitment to renegotiat­e the free trade agreement that has linked Canada, the United States and Mexico since 1994.

On the campaign trail, Trump called NAFTA the worst trade deal the United States has ever signed and vowed to renegotiat­e or rip it up.

The rules governing the free trade agreement al low any country to withdraw simply by notifying other parties.

This would start a 180- day clock to allow for new negotiatio­ns.

If no new deal is reached by then, the accord would be dissolved.

Since Trump’s November victory, both Canada and Mexico have announced that they are willing to sit down with the new US administra­tion to reexamine the free trade agreement.

Canada has said it expects to keep its 1989 bilateral free trade agreement with the US even if Trump withdraws from NAFTA.

Pena Nieto, meanwhile, spoke with Trudeau by phone on Sunday to coordinate efforts to protect an economical ly integrated North America, the Mexican leader’s office said.

In the call, Pena Nieto “stressed

Donald Trump, US President

how impor tant Mexico’s relationsh­ip with Canada is, as well as (the importance of) the free trade agreement and free f low of investment capital”.

The Mexican and Canadian leaders “agreed to redouble efforts to continue fostering e conomic integ rat ion in North America,” the Mexican president’s office statement said. — AFP

 ??  ?? Trucks wait in a queue for the border customs control to cross into US at the World Trade Bridge in Nuevo Laredo, Mexico. US President Donald Trump pledged to begin renegotiat­ing the North American Free Trade Agreement in upcoming talks with the...
Trucks wait in a queue for the border customs control to cross into US at the World Trade Bridge in Nuevo Laredo, Mexico. US President Donald Trump pledged to begin renegotiat­ing the North American Free Trade Agreement in upcoming talks with the...
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