NAFTA/TRUMP AS PRESIDENT/TRUMP EXEC ORDER: “The Trump administration is considering an executive order on withdrawing the U.S. from NAFTA — and initial reaction on Capitol Hill to the planned move has been mostly negative.
A draft order has been submitted for final stages of review and could be unveiled late this week or early next, two White House officials told POLITICO. The effort, which still could change in coming days as more officials weigh in, would indicate the administration’s intent to withdraw from the sweeping Clinton-era pact by triggering the timeline set forth in the deal.
The approach appears designed to extract better terms from Canada and Mexico. But it raises the possibility the Trump administration could walk away from one of the largest trade deals on the planet after having already pulled the U.S. out of the proposed Trans-Pacific Partnership, a 12-nation deal that the Obama administration saw as a way to cement American influence over Asia-Pacific trade.”
-Tara Palmeri, Adam Behsudi, and Seung Min Kim, “Republicans tell Trump to hold up on NAFTA withdrawal,” Politico, April 26, 2017 5:01pm