19:20, 09 August 2020
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Donald Trump: US to renegotiate, not pull out of NAFTA

US President Donald Trump has told the leaders of Mexico and Canada

that he will not pull out of the North American Free Trade Agreement (NAFTA), just hours after administration officials said he was considering a draft executive order to do just that. The White House on Wednesday made the surprise announcement in a read-out of calls between Trump, Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau. "President Trump agreed not to terminate NAFTA at this time and the leaders agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation of the NAFTA deal to the benefit of all three countries," the White House statement said. "It is my privilege to bring NAFTA up to date through renegotiation," Trump said in the statement.