Trump Agrees Not to Terminate NAFTA 'At This Time,' Says He'll Renegotiate
Donald Trump tweeted that he’d begin renegotiating the North Atlantic Free Trade Agreement on Thursday, fitting the first step on a core campaign promise just under the wire ahead of Saturday’s 100 days marker.
Trump campaigned repeatedly on his promise to renegotiate or withdraw from the deal, running televised ads on it while deriding from the campaign trail as “the worst trade deal maybe ever signed anywhere.” The deal was a bludgeon Trump used to criticize his opponent, Hillary Clinton, whose husband implemented the deal after it was negotiated by his Republican predecessor.
For a president who called the deal “a total disaster” that caused “carnage” and was “horrible," the renegotiation is a tempered step. After initial reports that he might take steps to leave it on Wednesday, Trump agreed to let it stand for now while the three nations — Mexico, Canada, and the United States — attempt to renegotiate the terms. He tweeted Thursday to insist that withdrawal was still on the table, saying he agreed to renegotiate “subject to the fact that if we do not reach a fair deal for all, we will then terminate NAFTA. Relationships are good - deal very possible!”
Trump Dissolves Business Advisory Councils as CEOs Quit
President Donald Trump dissolved two of his business advisory councils Wednesday after a rash of CEOs resigned in the wake of his response to a white nationalist attack in Charlottesville, Virginia, that occurred Saturday.
Fact Checking Trump's Latest Boasts About Jobs, U.S. Economy
After President Donald Trump repeated claims of remarkable economic growth at an early August event announcing a new immigration policy, MSNBC's Ali Velshi and Stephanie Ruhle fact checked — and brought some necessary context — to the conversation.
Where Did Trump Dig Up 45,000 Mining Jobs?
President Donald Trump boasted Monday that the nation added 45,000 mining jobs recently — but there's scant data to back that up. One thing there is evidence for: Only 800 coal mining jobs have been created during his tenure.
"In Pennsylvania, two weeks ago, they opened a mine, the first mine that was opened in decades....Well, we picked up 45,000 mining jobs in a very short period of time," Trump said during an event pegged to American manufacturing. "Everybody was saying, 'Well, you won’t get any mining jobs,' we picked up 45,000 mining jobs. Well, the miners are very happy with Trump and with Pence, and we’re very proud of that."
Trump's Carrier Deal Is Not Living up to the Hype
More than 600 employees at a Carrier plant in Indianapolis are bracing for layoffs beginning next month, despite being told by President Trump that nearly all the jobs at the plant had been saved.
U.S. Added 138,000 Jobs in May, Unemployment Falls to 4.3 Percent
Plant Workers Still Losing Jobs Tell Trump: Don't Forget About Us
U.S. Created 211,000 Jobs in April, Unemployment at Its Lowest Since 2007
100 Days In: How's Trump Doing on Jobs?
Status: Some direct action, progress
Job creators have applauded Trump’s “pro business” policies, and he’s taken some action aimed at job creation through executive orders. He rolled back regulations on the coal industry and ordered federal agencies to rescind regulations that “unduly burden” domestic energy development. Sources in the coal industry say the jobs are unlikely to come back, though his actions may stave off further losses.
He's blasted Canadian dairy farmers as a "disgrace" because their government-subsidized farms are charging low prices that undercut some American farmers, and he declared that the Canadian government's protection of its dairy industry through import tariffs and other measures is unfair.
The president also ordered a review of foreign-worker visa programs in hopes of encouraging domestic corporations to hire more Americans, though the details of implementation are unclear; effects on the H1-B visa program won’t be immediately known, as this year’s visa process won’t be affected.
Trump has been quick to take credit for the state of the economy, including claiming credit for job gains that came under President Barack Obama. He's also celebrated the very monthly jobs reports he had suggested were fraudulent under the Obama administration.
What's more, Trump's anecdotal claims of success have repeatedly been found to be exaggerated or had been announced months and sometimes years ahead of his presidency, like when he touted 900 new or saved jobs in Michigan that were part of a larger effort that saw a net loss of 200 jobs, or when he boasted of saving a Ford plant in Indiana that was not up for relocation.