Trump Threatens NAFTA Withdrawal, Mexico Scrambles

  • 08/29/2017
  • Source: Fox Business
  • by: David Graham and W. Simon
Trump Threatens NAFTA Withdrawal, Mexico Scrambles
Gage Skidmore [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons
There is a serious risk that the United States could withdraw from the North American Free Trade Agreement, and Mexico must have a "plan B" for that eventuality, Economy Minister Ildefonso Guajardo was quoted as saying on Tuesday.

U.S. President Donald Trump on Monday renewed his long-standing threat to abandon NAFTA, saying he believed the United States would probably have to start the process of exiting the trade accord to reach a fair deal for his country. .

In an interview with the Mexican business daily El Economista, Guajardo said "there is a risk, and it's high" that the Trump administration abandons NAFTA.

"We have to be more than ready for a plan B," he told the newspaper.
 Source: Fox Business

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