White House prepares draft of NAFTA withdrawal notice - News Summed Up

White House prepares draft of NAFTA withdrawal notice


The White House has drafted a notice that would signal the United States' intent to withdraw from NAFTA, Fox News has learned -- a precautionary move made as the administration considers whether to leave the trade pact. The notification has not been submitted to Mexico or Canada, and it's possible the White House might not ever submit it. However, a senior White House official told Fox News the process is unfolding and is coming soon. “NAFTA as we know it is going to change," a senior White House official said. "That’s not a relationship we can keep up.”Under the NAFTA terms, any party may withdraw "six months after it provides written notice of withdrawal to the other Parties."


Source: Fox News April 26, 2017 19:21 UTC



Loading...
Loading...
  

Loading...