Be it a threat, or intention,
if President Donald Trump starts the withdrawal process from the North American
Free Trade Agreement, Mexico will drop the trade pact. If Trump decides to
leave NAFTA, he would trigger a six-month process to withdraw from the
agreement. An official from Mexico said this week that if Trump announces a
U.S. withdrawal from NAFTA, “at that moment the negotiations stop.” AgCanada
reports that Mexico remains firm on its position to get up and leave from the
negotiating table if Trump goes through with the move. While a NAFTA
termination letter would start the six-month exit clock ticking, the U.S. would
not be legally bound to quit NAFTA once it expires. Washington could use the
move as leverage over Canada and Mexico in talks to update the 24-year-old
trade pact.
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