President Trump informed Mexican President Pena Nieto and Canadian Prime Minister Justin Trudeau on Wednesday afternoon that he will not pull the U.S. from the North American Free Trade Agreement (NAFTA) despite reports earlier in the day that he had considered doing so.
Trump’s separate conversations with both North American leaders were “pleasant and productive,” the White House said in a statement issued late Wednesday.
The three leaders agreed to proceed quickly with renegotiation plans as the initial review process comes to a close.
“It is my privilege to bring NAFTA up to date through renegotiation. It is an honor to deal with both President Peña Nieto and Prime Minister Trudeau, and I believe that the end result will make all three countries stronger and better,” Trump said in the statement.
Trump had proposed abandoning NAFTA in an executive order as early as Thursday.
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