Trump vows to tear up NAFTA

AFP / Khmer Times No Comments Share:
A file photo of US President Trump at a rally in Ohio. AFP

STRUTHERS, United States (AFP) – US President Donald Trump vowed Tuesday to rip up a free trade deal with Canada and Mexico if the text is not renegotiated to his liking.

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“We are renegotiating NAFTA and if we don’t get the deal we want, we’ll terminate NAFTA,” Mr Trump told a group of veterans in Ohio, the centre of America’s industrial heartland.

“NAFTA has been a disaster for Youngstown, it’s been a disaster for Ohio.”

Mr Trump made scrapping NAFTA a pillar of his presidential campaign, but has since softened his stance slightly.

Earlier this month, his administration began the process of renegotiating the 23-year-old deal, which Mr Trump says is not fair to American workers.

The former businessman has made reforming America’s economy a centrepiece of his brand.

His timing has been auspicious, entering office after the recovery from the Great Recession was well entrenched and with the labour market approaching full employment.

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