NAFTA

After several days of rumors, an executive order to withdraw from the North American Free Trade Agreement (NAFTA) has been delayed for the time being.  It appears that Congressional Republican's lack of desire to fall in line has stalled Trump's efforts for the time being.

Trump told the leaders of Mexico and Canada on Wednesday that he would not immediately move to terminate the North American Free Trade Agreement, only hours after an administration official said he was likely to sign an order that would begin the process of pulling the United States out of the deal.

If the White House is indeed proceeding under fast-track authority, that suggests Trump could intend to scrap NAFTA altogether and forge bilateral trade deals with Mexico and Canada instead, said Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics.