President Donald Trump’s administration is considering a draft executive order that would withdraw the United States from the North American Free Trade Agreement (NAFTA), according to reports published Wednesday by Politico and Reuters.
A White House official told TPM by email that NAFTA remains a priority for Trump and that his administration has been working on it since he took office.
Politico first reported, citing two unnamed White House officials, that a draft of the order has entered the final stages of review and could be announced by early next week.
White House chief strategist Steve Bannon and Peter Navarro, the head of Trump’s newly formed National Trade Council, drafted the executive order “in close cooperation,” according to Politico’s report.
Reuters cited an unnamed senior administration official who said the order is “under consideration” and confirmed Politico’s report.
On the campaign trail, Trump called NAFTA “one of the worst economic deals ever made by our country” and pledged to renegotiate it “to get a much better deal for America.”
CNN reported in November, citing a draft memo from Trump’s transition team, that he would look at formally withdrawing from NAFTA by day 200 of his presidency. Trump will mark 100 days in office on Saturday.
Enjoy inflation, American friends!
Trump: NAFTA is no longer needed as Trump Wall is getting build for free. We will build everything and consume it, in the confines of Trump Wall.
The sick thing is, too many dumbfuck Sanders supporters would cheer it.
Oh, farmers and food producers in general are just going to love that. America exports 23% of it’s corn to…wait for it…Mexico.
Well, looks like Mexico will get all that Canadian cheese and softwood lumber.