Axios is reporting US President Trump taking the risks of withdrawing the U.S. from the trade deal with Canada and Mexico more seriously

Axios says five sources have spoken privately with Trump about NAFTA

Two arguments have helped change Trump's thinking:

  • Withdrawing might interrupt the stock market's record-breaking run under his presidency.
  • Withdrawing from NAFTA would harm farmers and agricultural communities - whom Trump considers "my people."

Link for more.

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Should be a CAD and MXN positive