Trump warned Canada and Mexico to terminate NAFTA if no ‘fair deal’

Vastavam web:US President Donald Trump tempered his agreement to renegotiate NAFTA today with a warning that the trade agreement with Canada and Mexico would be terminated if there is no “fair deal.” Trump campaigned for president on promises to scrap NAFTA, calling it “the worst trade deal maybe ever signed” and a “disaster” that has resulted in millions of US industrial jobs lost mostly to Mexico.”I received calls from the President of Mexico and the Prime Minister of Canada asking to renegotiate NAFTA rather than terminate,” the president tweeted.”I agreed, subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. Relationships are good – deal very possible!” The US trade deficit in goods and services last year with Mexico was USD 62 billion, but with Canada the US had a surplus of USD 8 billion