President Trump Threatens to Terminate NAFTA

During an AP interview on Monday, President Trump reiterated his campaign promise to renegotiate or terminate NAFTA altogether if, let me quote, they don’t treat fairly, end quote. Basically, Mr. Trump put NAFTA on notice so to speak, threatening it with termination if the parties are not willing to find common ground or something along these lines, which is hardly surprising for someone who actually paid attention to candidate Trump’s rhetoric during the presidential election campaign.

It is invigorating to see how the POTUS is determined to crack down on trade abuses and also how his rhetoric hasn’t softened a bit with regard to the North American Free Trade Act. Let’s remember how candidate Trump slammed Canada and Mexico for hurting the American economy, though it takes 2 to tango if you know what I mean.

During the AP interview, the POTUS has said:

“I am very upset with NAFTA, I think NAFTA has been a catastrophic trade deal for the United States,”

Also, President Trump criticized Canada during an America First happening in Wisconsin, accusing Trudeau’s playground of hurting dairy farmers in the US:

“[I]f you look at the dairy farmers in Wisconsin and upstate New York, they are getting killed by NAFTA,”

Last Thursday, the POTUS has said that the American people should expect something big “incoming” with regards to trade within the next 2 weeks.

Truth be told, it’s NOT just NAFTA trade policies that need to be eliminated but also how other nations out of NAFTA (read China, the elephant in the room) place tariffs and use unfair trade policies and UNFAIR business laws against Americans wanting to start businesses in other countries !

Photo  Drew Angerer/Getty