The United States president Donald trump made a choice of renegotiating the North American free trade agreement (NAFTA).
He said the deal has to be made with a mutual conscience.
On replying back to media reports which suggested that Mr. president was to terminate the agreement, Donald trump said the white house is not going to terminate the NAFTA at this stage.
If we look back- trump on his election campaign days he strongly condemned the agreement saying NAFTA is the single worst trade deal ever and a killer for jobs in the United States.
Unexpectedly thing took a different turn when Mexican peso and Canadian dollar rates were higher this week.
The white house is currently making plans of negotiation which the Mexican and Canadian leaders have agreed to process smoothly.
SIGNING NAFTA AGREEMENT
The decisions made by world trade organization in Mexico and states that Mexico could impose more than $160 million in sanctions against the US.
This is thought to be a game-changing move by Donald trump in the trade and economy of United States.