NAFTA: Donald Trump administration prefers to wait than pull the trigger
NAFTA is an agreement which came into force from January 1994 by Canada, Mexico and United States creating a trilateral trade bloc in North America.
For last one and a half years, Trump criticised the agreement and also hinted to take some serious steps being in the administration or at least send some ultimatums.
But the demands made the US government which were released on Monday could barely upset Canada, whose situation was expected to be precarious after Trump's repeated criticisms of the pact.
Instead of sending a strong message, the US government proposed mere wishes and aspirations for a "New Nafta".
Reports suggested that the possible turn around by the Trump administration might be due to the fact that Canada is the biggest export market for US. Canada buys goods and services way more than other major nations like China, Britain, Japan combined.
Being kind of surprised, earlier Canadian Prime Minister Justin Trudeau, on this issue, said: "I can’t imagine that we would start negotiating before the negotiations actually start."
Image: Official Facebook page of Donald Trump.
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