Trump signals US would seek two separate trade deals with Mexico and Canada

Trump signals US would seek two separate trade deals with Mexico and Canada

President Donald Trump wants to end three-party renegotiations of the North American Free Trade Agreement (NAFTA) to instead strike deals separately with Canada and Mexico, National Economic Council Director Larry Kudlow said on “Fox & Friends.”

Trump does not intend to withdraw from NAFTA, but after more than one year of multilateral discussions, he feels the current approach hasn’t been fruitful and a new one is needed, Kudlow said.

“His preference now — and he asked me to convey this — is to actually negotiate with Mexico and Canada separately,” Kudlow said. “He prefers bilateral negotiations.”

“When you have to compromise with a whole bunch of countries, you get the worst of the deals,” Kudlow said. “Why not get the best? … Canada is a whole lot different from Mexico.”

You can see Kudlow points on NAFTA in the video below at minute 1:35.

MexicoNow

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