Trump to sign executive order on plan to renegotiate NAFTA with Mexico, Canada
President Donald Trump is expected to sign an executive order as early as Monday stating his intention to renegotiate the free trade agreement between the United States, Canada and Mexico, a White House official told NBC News.
Eliminating the North American Free Trade Agreement (NAFTA), which was crafted by former President Bill Clinton and enacted in 1994, was a frequent Trump campaign promise.
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Commerce Secretary nominee Wilbur Ross, U.S. Trade Representative Robert Lighthizer and the head of the newly-formed White House Trade Council, Peter Navarro, will be put in charge of negotiating the new deals.
Trump, who campaigned on a promise to to pull out of TPP and overhaul U.S. trade deals, is scheduled to meet with labor union leaders Monday.
Trump had indicated he will soon meet Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto to begin work on overhauling NAFTA.
Trump has said little about what improvements he wants, apart from halting the migration of U.S. factories and jobs to Mexico.
Canada's ambassador to the United States said it was clear the Trump team were concerned above all about trade deficits with Mexico and China.
"I don't think Canada is the focus at all," David MacNaughton told reporters in Calgary, Alberta, ahead of a two-day government retreat focused on how to handle the new Trump administration.