MOSCOW (Sputnik) — On Thursday, US President Donald Trump said that NAFTA, an agreement between the United States, Canada and Mexico, was "a catastrophe" for the United States and added he would like to either renegotiate the deal or create a new one to make the conditions fair to the US citizens.
"I hope the world understands that what happens… [with the North American Free Trade Agreement] is going to be very telling for the rest of the world… From public statements, the US is not very pleased with multilateralism," Guajardo was quoted as saying.
Guajardo reportedly added that Mexico considered its WTO membership "a safety net" but expressed concern that the United States may not respect WTO regulations.
On Wednesday, Mexican President Enrique Pena Nieto said that he would begin NAFTA negotiations in May after a three-month period for talks with Mexican businesses.