It is unclear whether President Donald Trump will take the dramatic step of issuing a Nafta withdrawal notice - and even if he does, whether he would actually follow up by pulling the USA out of agreement.
"The Prime Minister reaffirmed that Canada upholds its worldwide trade obligations, including the North American Free Trade Agreement, under which the United States continues to have duty-free and quota-free access for milk-protein substances. and that Canada would continue to defend its interests", the statement continued, adding that "The Prime Minister and the President agreed to continue their dialogue on these important bilateral issues".
"President Trump agreed not to terminate NAFTA at this time and the leaders agreed to proceed swiftly, according to their required internal procedures, to enable the renegotiation of the NAFTA deal to the benefit of all three countries", a White House statement said.
Senator Heinrich has expressed deep concern with President Trump's erosion of transparency and clear shift to obstruct the American people from accessing information on who is visiting the White House and who is influencing the formulation of policy in the Trump administration.
And it should be pointed out that previous actions by the US have been rejected by NAFTA panels.
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The action will increase the cost of Canadian lumber by 6.4 percent for US customers, according to the National Association of Home Builders.
The order is one of several Trump is signing this week as he seeks to rack up accomplishments by Saturday, his 100th day in office.
Trump railed against the decades-old trade deal during his campaign, describing it as a "disaster". It was under an executive order signed by Trump on January 23 that the United States pulled out of the sweeping Trans-Pacific Partnership trade deal. The United States went from running a small trade surplus with Mexico in the early 1990s to a $63 billion deficit in 2016.
Details about the draft executive order on NAFTA were not immediately available.
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