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More heartburn on NAFTA
President Trump’s latest comments on NAFTA, the North American Free Trade Agreement, are bound to create some heartburn in the ag community.
Speaking in Arizona last night, Trump expressed doubt that a new agreement can be reached.
“Personally, I don’t think we can make a deal, because we have been so badly taken advantage of,” Trump said. “They have made such great deals—both of the countries but, in particular, Mexico—that I don’t think we can make a deal. So I think we’ll end up probably terminating NAFTA at some point. Probably.”
Earlier this week the U.S. wrapped up the first round of negotiations with Mexico and Canada to revise NAFTA by early next year.
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