President Trump agreed Wednesday evening to renegotiate the North American Free Trade Agreement (NAFTA) with Canada and Mexico, and “not to terminate NAFTA at this time” after a day of speculation that he might sign an executive order withdrawing from the 23-year-old agreement.
“It is my privilege to bring NAFTA up to date through renegotiation,” said Trump in a statement.
As reports of a potential NAFTA withdrawal started to circulate on Wednesday, a Farm Foundation Forum was being held on the timely topic of the future of NAFTA. Farm Foundation president Constance Cullman moderated the forum which included Linda Dempsey with the National Association of Manufacturers; former American Farm Bureau president Bob Stallman, and Melissa San Miguel of the Grocery Manufacturers Association. The forum was originally scheduled for March 14 but was rescheduled due to weather.