Canada increasingly convinced Trump will pull out of NAFTA

[Eugene]

Source: Reuters

#BUSINESS NEWS JANUARY 10, 2018 / 2:16 PM / UPDATED 16 MINUTES AGO

Exclusive: Canada increasingly convinced Trump will pull out of NAFTA

David Ljunggren
6 MIN READ

LONDON, Ontario (Reuters) - Canada is increasingly convinced that President Donald Trump will soon announce the United States intends to pull out of NAFTA, two government sources said on Wednesday, sending the Canadian and Mexican currencies lower and hurting stocks.

The comments cast further doubt on prospects for talks to modernize the trilateral North American Free Trade Agreement (NAFTA), which Trump has repeatedly threatened to abandon unless major changes are made.

Officials are due to hold a sixth and penultimate round of negotiations in Montreal from Jan. 23-28 as time runs out to bridge major differences.

It is not certain the United States would quit NAFTA even if Trump gave the required six months’ notice, since he is not obliged to act once the deadline runs out. Notice of withdrawal could also raise opposition in Congress.

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Read more: https://www.reuters.com/article/us-trade-nafta-canada-exclusive/exclusive-canada-increasingly-convinced-trump-will-pull-out-of-nafta-idUSKBN1EZ2K4

[AlexSFCA]

1. isnt it want progressives also want?

to get out of nafta? I recall bernie sanders was strongly against free trade deals. If this is the case then this position is much more progressive than conservative pr republican?