Mexican President Enrique Peña Nieto has made it clear he will not renegotiate NAFTA with a gun to his head. That's a sound strategy. Perhaps he should explain it to Canadian Prime Minister Justin Trudeau.
Both U.S. neighbors face pressure from President Donald Trump, who has made it clear that he thinks the best way to get a favorable deal from the NAFTA partners is to put the squeeze on them. Trump reiterated that position this week, telling Forbes magazine that “NAFTA will have to be terminated if we're going to make it good.”
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