WASHINGTON (Sputnik) — US President Donald Trump considers that the North American Free Trade Agreement (NAFTA) between Canada, Mexico and the United States will have to be terminated.
"I do not think we can make a deal. I think we will end up probably terminating NAFTA at some point," Trump said on Tuesday in Phoenix, Arizona.
On Sunday, US Trade Representative Robert Lighthizer, Canadian Foreign Affairs Minister Chrystia Freeland and Mexican Secretary of the Economy Ildefonso Guajardo ended the five-day first round of talks on modernization of the NAFTA trade pact in Washington.
Trump raised the issue of the necessity to review terms of 23-year-old NAFTA deal and the possibility of exiting it to cut trade deficit, which resulted in factories' closure and job losses, and to ensure fair trade yet during his presidential campaign in 2016.
