# NAFTA: Trump agreed not to terminate NAFTA treaty at this time in phone calls with Mexican, Canadian leaders

> 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.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: trade · region North America · magnitude medium
- Page: https://feedsoft.ai/events/71738-nafta-trump-agreed-not-to-terminate-nafta-treaty-at-this-time-in-phone-calls
- 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

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.

## Read by commodity

- USDCAD: bearish ▼
- USDMXN: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2017/04/26/trump-agreed-not-to-terminate-nafta-treaty-at-this-time-in-phone-calls-with-mexican-canadian-leaders-white-house.html

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