NAFTA - NAH-NO

By: Marvin

Washington : Business groups oppose ending trade deals linking U.S., Canada, and Mexico.

The North American free Trade Agreement, long disparaged by President Trump as bad for the  United States, was edging closer towards collapse as negotiators gathered for a fourth round of contentious talks.

In recent weeks, the Trump administration has sparred with  American businesses that support  NAFTA and has pushed for significant changes that negotiator's from Mexico and Canada say are nonstarters.

All the while, the president has continued threatening to withdraw the United States from the trade agreement, which he has maligned as the worst in history.

As the trade talk began last Wednesday, seated in the Oval Office besides Prime Minister Justin Trudeau of Canada, said it was ''possible'' that the United States would drop out of NAFTA.

''It's possible we won't be able to make a deal, and it's possible that we will,'' the president said.

''We'll see if we can do the kind of changes that we need. We have to protect our workers. And in all fairness, the prime minister wants to protect Canada and  his people also.

So we'll see what happens with NAFTA, but I've been opposed to NAFTA for a long time, in terms fairness of NAFTA.''

Mr. Trudeau, in comments later at the  Canadian Embassy, said he remains optimistic, about the potential for a NAFTA  deal but noted that the Canadians must be  ''ready for anything''.

The collapse of the  1994 trade deal would reverberate throughout global economy, inflicting damages far beyond  Mexico, Canada and the United States and -

Affecting  industries like manufacturing, agriculture and energy.