Trump will formally cancel NAFTA to press Congress to approve new trade deal

[Yo_Mama_Been_Loggin]

BUENOS AIRES – President Donald Trump said late Saturday he will formally terminate the North American Free Trade Agreement soon, a move designed to put pressure on Congress to approve a new deal he signed during the G-20 summit.

“I'll be terminating it within a relatively short period of time,” Trump told reporters aboard Air Force One as he flew back to Washington after a two-day meeting in Argentina with the leaders of other major world economies. “We (will) get rid of NAFTA. It's been a disaster for the United States."

Trump signed a new deal here Friday with the president of Mexico and Canada’s prime minister, following through on a campaign promise he made to renegotiate the long controversial NAFTA agreement. The move will give Congress six months to accept that new agreement or revert to pre-NAFTA trade rules.

The decision was intended to send a message to Democrats, who will take control of the House of Representatives in January. Many have expressed skepticism about the new trade agreement that Trump negotiated.

https://www.msn.com/en-us/news/world/trump-will-formally-cancel-nafta-to-press-congress-to-approve-new-trade-deal/ar-BBQmrQf?li=BBnb7Kz

[Jarqui]

1. It is very questionable what Trump can do unilaterally with respect to ending NAFTA

https://www.vox.com/policy-and-politics/2017/10/26/16505508/nafta-congress-block-trump-withdraw-trade-power

[dalton99a]

2. Congress must sign off on any changes to the agreement

He's full of shit

[empedocles]

3. 'He's full of shit'

BREAKING NEWS?

[The Velveteen Ocelot]

4. I don't think he can do that - it needs congressional approval -

but I'm sure he thinks he can do it.

[duforsure]

5. Just a matter of time for trump

As everything gets exposed and some in the switch over to the Democrats and take control from Mitch McConnell, who'll be desperate to escape being exposed too.

[PSPS]

6. He doesn't have that power, only congress does. But this congress has given him the power.

The current congress has essentially "loaned" this power to trump through its abdication.