President Trump is reportedly still mulling whether to cancel the existing NAFTA agreement as a tactic to force Congress to approve the new USMCA agreement.
A formal withdrawal from NAFTA would create a hard deadline of six months for Congress to approve the USMCA or face the prospect of new tariffs on trade between the U.S., Canada and Mexico.
Andrew Walmsley, director of congressional relations for American Farm Bureau, told Brownfield he wouldn’t be surprised if Trump cancels NAFTA.