"I will be formally terminating NAFTA shortly".
Seeking to gain leverage with sceptical lawmakers to approve the revised trade pact, Trump says Congress "will have a choice" as it considers the agreement he signed with the leaders of Mexico and Canada on Friday during the Group of 20 summit.
Trump's termination threat, if carried out, would essentially remove a safety net from under the new agreement's journey through Congress, leaving lawmakers less leeway to demand revisions.
Separately, the fate of the new, wide-ranging trade treaty among the United States, Canada and Mexico will soon be in the hands of lawmakers in all three nations. The agreement will not have binding force in the United States until it is approved by the US Congress.
The new deal also requires legislative approval in Canada and Mexico.
U.S. Rep. Rick Crawford, R-Jonesboro, told Talk Business & Politics he doesn't think the agreement will be decided during the lame duck session of Congress, but it could be considered in the first couple of months after the New Year.
China recently imposed a 40 percent tariff on US autos in retaliation for separate tariffs Trump imposed on Chinese goods.
Former president's service dog honours his master — George HW Bush
Those were the ones Bush chose, and the proceeds from the socks went to the Barbara Bush Foundation for Family Literacy. Bush turned his attention to politics in the 1960s, being elected to his first of two terms in Congress in 1967.
Numerous nation's largest ports have been reporting record container volume as shippers rushed to get those items into the United States or sent overseas before the higher tariffs took effect.
Trump on his way home from the G20 summit said that he would be officially concluding NAFTA briefly.
"It's disappointing but not surprising" that the US president would try to force Congress to reinstate the status quo of #NAFTA, instead of working constructively with Congress to improve his proposed agreement, Henry Connelly, a spokesman for House Democratic leader Nancy Pelosi, said on Twitter Sunday morning.
"I think they're betting on Congress not letting it all go to hell", she said.
Democratic Senator Sherrod Brown of OH says the USA needs to reopen discussions with Mexico and Canada on trade.
Another provision gives the United States the right to limit access for longhaul truck drivers from Mexico. Trump has repeatedly criticized NAFTA, calling it "the worst trade deal in history". "I want to see how many Democratic votes come on board for this". House Minority Leader Nancy Pelosi and Senate Minority Leader Chuck Schumer both made clear on Friday that the trade agreement will need protections for workers and the environment, along with other changes, to get their support.
The deal signed Friday already included some tweaks from the one struck two months earlier, changes apparently aimed at wooing congressional support.