Ag groups responded to the U.S., Mexico, and Canada signing the updated North American Free Trade Agreement, called the USMCA.
"I will be formally terminating NAFTA shortly", Trump told reporters aboard Air Force One late Saturday as he returned to Washington from the G20 summit in Argentina.
'We (will) get rid of NAFTA, ' he told reporters.
Now that the leaders of the United States, Canada and Mexico have signed the agreement, it needs ratification from legislators in all three countries before taking effect. It's caused us tremendous amounts of unemployment and loss and company loss and everything else. "This is going to be a very interesting period as the USA works through this process".
The United Auto Workers, a longtime critic of NAFTA, raised similar concerns after the ceremonial signing of the trade pact in Buenos Aires.
"The new agreement lifts the risk of serious economic uncertainty that lingers throughout the trade renegotiation process - uncertainty that would have only gotten worse and more damaging had we not reached a new NAFTA", Trudeau said.
"I don't think it's a bluff", Dziczek said Sunday.
In a hearing held mid-November, John Bozzella, president of the Association of Global Automakers, said the new agreement could hurt the industry.
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"Dispute settlement would remain, but I don't think anything else within the shell of NAFTA would", he said.
The new deal got early backing from one key figure in the debate: Republican Senator Chuck Grassley of Iowa, who beginning in January will chair the Senate Finance Committee that will consider the pact.
"As it's now written, Trump's deal won't stop the serious and ongoing harm NAFTA causes for American workers".
Democratic Senator Sherrod Brown of OH says the USA needs to reopen discussions with Mexico and Canada on trade.
Throughout the start of his presidency, President Trump had repeatedly threatened to withdraw the U.S. from Nafta, unless he could secure a better deal. It shouldn't be a problem in the Senate where Donald Trump has a slim majority but in the House, even if all the Republicans vote for it, they'll have to pick up at least 20 or 25 Democrats to support it as well. Marco Rubio, who tweeted his fears that the current agreement gives agricultural producers in Mexico an unfair advantage.
"Going forward America will depend on Mexico for our winter vegetables". There are many provisions that will be popular with constituents throughout the country, and Crawford said it would be a "gross miscalculation" by House Democrats if they try to stop or change the agreement.
Lawmakers disagree about whether the president has the ability to withdraw unilaterally from NAFTA, but a number of lawmakers insist he doesn't, and some Democrats scoffed at the threat. Furthermore, a withdrawal threat could lead to an internal GOP war over trade policy, which would be wonderful for the Democrats.
Asked about Trump's comments, a spokesman for Canadian Foreign Minister Chrystia Freeland said "this is part of the US ratification process" but declined to comment further. That might mean being left with a "zombie Nafta" in which the tariffs remain but little else, said worldwide trade lawyer Mark Warner. And while there are some instances in which the president has acted unilaterally to terminate commercial treaties, far more cases have involved the participation of Congress, he said.