WASHINGTON — President Donald Trump has told the leaders of Mexico and Canada that he will not pull out of the North American Free Trade Agreement.
The White House made the surprise announcement in a read-out of calls Wednesday between the world leaders.
The White House says the president “agreed not to terminate NAFTA at this time.”
Instead, Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau “agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation” of the trade deal to “the benefit of all three countries.”
Trump has blamed NAFTA for American job losses.
He says he believes “that the end result will make all three countries stronger and better.”