# Trump won't scrap Nafta trade deal 'at this time' - BBC News

> The White House said Trump agreed not to terminate NAFTA 'at this time' and would instead renegotiate the deal with Mexico and Canada. The announcement followed reports that he was drafting an order to end the pact. The reversal lifted the Mexican peso and Canadian dollar after earlier losses.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: trade · region North America · magnitude medium
- Page: https://feedsoft.ai/events/71736-trump-won-t-scrap-nafta-trade-deal-at-this-time-bbc-news
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Keeping NAFTA intact preserves the duty-free US feed grain and meal trade into Mexico and Canada, which supports demand. Renegotiation still leaves the risk of new tariffs on those flows.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- bbc.com: https://www.bbc.com/news/business-39728556

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.