President Donald Trump offered a positive outlook for the North American Free Trade Agreement after months of threatening to scrap the 24-year-old pact.
“Will it be renegotiated? We’re trying right now,” he said in an interview on CNBC Thursday. “I think we have a good chance, but we’ll see what happens.”
The president also gave a glimpse of hope to U.S. participation in the Trans-Pacific Partnership, a multinational trade agreement that he walked away from last year before Congress had a chance to ratify it. Other members of TPP have signaled they will formalize the agreement without U.S. participation.
“I would do TPP if we made a much better deal than we had,” Trump said. “The deal was a horrible deal. Nafta was a horrible deal and we’re renegotiating it.”