White House Readies Order For NAFTA Withdrawal

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The Trump administration is considering an executive order on withdrawing the U.S. from NAFTA, according to two White House officials speaking to POLITICO.

A draft order has been submitted for the final stages of review and could be unveiled late this week or early next week, the officials said. The effort, which still could change in the coming days as more officials weigh in, would indicate the administration’s intent to withdraw from the sweeping pact by triggering the timeline set forth in the deal.

“NAFTA’s been very, very bad for our country,” Trump said in a speech last week in Kenosha, Wisconsin. “It’s been very, very bad for our companies and for our workers, and we’re going to make some very big changes or we are going to get rid of NAFTA once and for all.”

During his first days in office, Trump signed an executive order withdrawing the U.S. from the Trans-Pacific Partnership trade deal, a sweeping 12-nation pact that was in the final stages of approval. Read more at POLITICO.

{Matzav}

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