The order, though, could be used as a negotiating tactic with Mexico and Canada, the other NAFTA parties.
Trump told The Associated Press in an interview last week that he planned to either renegotiate or terminate NAFTA, which he and other critics blame for wiping out US manufacturing jobs because it allowed companies to move factories to Mexico to take advantage of low-wage labor.
Ross says all the irritants recently raised by the White House are interconnected in some way. It was under an executive order signed by Trump on January 23 that the United States pulled out of the sweeping Trans-Pacific Partnership trade deal.
Trump is also under pressure to take action on NAFTA before Saturday, the 100th day of his presidency, by which point he pledged to make good on a slew of campaign promises.
Walker said he's spoken to President Donald Trump several times on the dairy issue.
Priebus says Trump is "showing some reasonableness on the wall and border security", a move that has put Democrats "on their heels".
The development comes after Trump took aggressive action against Canada on trade this week by slapping new tariffs on softwood lumber imports and threatening to retaliate against Canadian taxes on US dairy exports. However, many people saw the Trans-Pacific Partnership, another trade agreement tossed out by the Trump administration, as that renegotiation and as a "super NAFTA" since all of the NAFTA countries were involved in the TPP.
NASA discovers icy planet 'colder than Hoth'
The star of this planet is found to be very faint, which points towards the planet being too cold to be habitable. NASA announced the discovery of the lightest planet ever found by using microlensing, OGLE-2016-BLG-1195Lb.
Still, about 14 million US jobs depend on trade with Mexico and Canada, according to the US Chamber of Commerce.
"This is a hard time for many of Wisconsin's dairy farm families due to Canada's trade policies, and we're going to do everything we can to help them", Walker said in a statement.
"The possibility of withdrawing from NAFTA is a very scary thing for corn, because we do a lot of export business for corn (to) Mexico", said Ted Seifried, chief market strategist with the Zaner Group in Chicago.
The White House's readout of the same phone call was just four sentences.
He says he's not anxious about sparking a trade war with Canada but says it has "outsmarted our politicians for many years". "We urge you not to withdraw from NAFTA", he concluded.
Canadian and Mexican officials say they are already ready to renegotiate. "We need to give both time to have input on NAFTA modernization".
Trump also pledges that as president of the United States he will "always stand with the Jewish people".
Comments