President Donald Trump plans to renegotiate the North American Free Trade Agreement with Canada and Mexico, United States Trade Representative Robert Lighthizer told congressional leaders in a letter on Thursday.
The president must give Congress a 90-day notice before beginning talks. The announcement, which comes three days after Lighthizer was sworn in, provides an opportunity for Trump to deliver on a campaign promise to dramatically improve the trade accord for U.S. manufacturers and workers.
“The United States seeks to support higher-paying jobs in the United States and to grow the U.S. economy by improving U.S. opportunities under NAFTA,” Lighthizer wrote. “In particular, we note that NAFTA was negotiated 25 years ago, and while our economy and businesses have changed considerably over that period, NAFTA has not.”
This is a developing story. Check back for updates.
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