Mexico will leave NAFTA talks if Donald Trump triggers process to withdraw
While a NAFTA termination letter would start the six-month exit clock ticking, the United States would not be legally bound to quit NAFTA once it expires.
Men chant during a protest against the renegotiation of the North American Free Trade Agreement (NAFTA) in Mexico City. “TLC” is the Spanish acronym for “Tratado de Libre Comercio,” NAFTA in English. (AP Photo/File)
Mexico will leave the NAFTA negotiating table if US President Donald Trump decides to trigger a 6-month process to withdraw from the trade pact, three Mexican sources with knowledge of the talks told Reuters on Wednesday.
Reuters reported on Wednesday that Canada was increasingly convinced that Trump would soon announce the United States intends to pull out of the North American Free Trade Agreement (NAFTA), sending the Canadian and Mexican currencies lower and hurting stocks across the continent.
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