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The White House said Trump agreed not to terminate NAFTA 'at this time' in calls with the Mexican and Canadian leaders, who agreed to begin renegotiation. The Canadian dollar and Mexican peso both strengthened after the statement.
The move followed reports that a draft executive order to withdraw had been prepared.
A stable NAFTA supports continued trade in feed grains, meal and livestock products across North America. Renegotiation adds uncertainty over future tariff and trade terms.
cnbc.comEverett RosenfeldApr 27, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
