Trump Says U.S. Close on Nafta Revision But Threatens to Quit Deal

Photographer: John Moore/Getty Images

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President Donald Trump said the U.S. is close to renegotiating NAFTA with Canada and Mexico but nonetheless threatened to pull out of the landmark free-trade agreement.

“We are fairly close on NAFTA and if we don’t make the right deal we’ll terminate NAFTA and we’ll make the right deal after that,” the president told reporters during a Cabinet meeting on Monday.