THREAD - from today's call with Mexico's president Enrique Nieto:
“The purpose of this call is to celebrate the understanding we have had between both negotiating teams on NAFTA: to review it, to modernize it, to update it, and to generate a framework that will improve
“The purpose of this call is to celebrate the understanding we have had between both negotiating teams on NAFTA: to review it, to modernize it, to update it, and to generate a framework that will improve
"...productivity in North America,” Nieto said. “It is our wish Mr. President that Canada will also be able to be incorporated in all this.”
After the call, Trump said the U.S. is “starting negotiations” with Canada “pretty much immediately.”
After the call, Trump said the U.S. is “starting negotiations” with Canada “pretty much immediately.”
Trump said he will terminate the existing NAFTA deal as the U.S. transitions into the new agreement.
A letter initiating the revamped deal be submitted to Congress by Friday and the White House says it plans on seeing it signed within 90 days.
A letter initiating the revamped deal be submitted to Congress by Friday and the White House says it plans on seeing it signed within 90 days.
“This will be great for trade, it makes it much more fair and we are very excited about it,” Trump said to Nieto by phone. “We have worked long and hard. [Mexico’s representatives] have been terrific. Mine have been fanastic too. They worked late into the night for months..."
"It’s an extremely complex bill and something that will be talked about for many years to come," Trump said.
How Canada factors in will be revealed “shortly,” Trump said.
“I’d like to negotiate fairly. We would like to do that."
How Canada factors in will be revealed “shortly,” Trump said.
“I’d like to negotiate fairly. We would like to do that."
"They have tariffs of almost 300 percent on our dairy products. The easiest thing we can do with Canada is tariff their cars coming in. It’s a very simple negotiation. It could end in one day,” Trump said.
"We’ll give them a chance to have a separate deal or we could put it into this deal.”
The newly-named U.S.-Mexico Trade Agreement would also “make farmers so happy,” Trump said.
The newly-named U.S.-Mexico Trade Agreement would also “make farmers so happy,” Trump said.
“Mexico promised to immediately start purchasing as much farm product as they can. They’re going to work very hard,” Trump said.
The president also mentioned U.S.-China trade relations Monday but backed off the topic saying China “wants to talk” but...
The president also mentioned U.S.-China trade relations Monday but backed off the topic saying China “wants to talk” but...
that it “just isn’t the right time.”
“That relationship has been too one sided for too many years, for too many decades. In the meantime, we’re doing very well with China. Our economy is up, it’s never been this good before. I think it’s only going to get better,” Trump said.
“That relationship has been too one sided for too many years, for too many decades. In the meantime, we’re doing very well with China. Our economy is up, it’s never been this good before. I think it’s only going to get better,” Trump said.
