Wit Nafta News Today

Breakthrough. were going to have a renewed nafta. we dont call it nafta any longer, but a renewed free trade agreement. the big deal right now is china. are we going to get this deal done with china? right now, i dont think theyre anywhere, and i dont see trump backing down. there is some fear that we may have a protracted trade war with china. >> which has a lot more riding on it when trump meets with xi jinping at the g-20. >> he said i put my arm around president xi and said you know youre ch...

Deal with our neighbor to the south. >> we used to call it nafta, now we call it the united states mexico trade agreement and we will get rid of the name nafta which has bad connotation because the united states was hurt badly by nafta. >> reporter: the outgoing mexican president was as enthusiastic about the deal as donald trump was, even saying he would like to give donald trump a big hug. he acknowledged getting to it was tough. >> and negotiation that has been difficult and a hard negotiatio...

President trump may not want to call it nafta which he thinks has a bad connotation but "the new york times" points out the agreement is essentially the same with some revisions. so thats where it stands right now. we also mentioned the first big challenge, canada. many businesses supply chains depend on a deal with all three countries involved. the ceo of a major manufacturing group says having all three countries on board is imperative. the second challenge, congress. this agreement between th...

President trump is cutting a new trade deal with mexico and trying to wrap up negotiations with canada. the president is ditching the nafta name saying the new pact with mexico is simpler. john roberts has details tonight, from the more thon, good evening. >> good evening, white house officials tell us this is just the first shoe to drop, the president additions to a day wants to cut lines with canada. with japan, the european union and then take on china, the biggest of all. >> him i believe th...

Ownership of it. but enrique pena nieto was calling it nafta? >> yeah. if they are having a debate about the semantics, thats an indication that there could be more difficult negotiations around the corner when canada gets involved. here is the thing. president trump can say that nafta is dead. nafta is not dead until there is a superceding trade authority. to have that you need not only the approval of the united states congress, you need the approval of the legislatures in canada. thats up fro...

Ends. this sounds an awful lot like the trnz gender ban in the military, something he puts out against the advice of his military experts. we dont know where this ends up. this could be yet another pr play on friday. >> it could be or again he could actually tear this thing up eventually. i do not rule that out. neither do hissed a josh contractor advisors. i was speaking to a senior official, he said he will refuse to certify tomorrow. we have the plan with congress, corker will do this legisla...