“I am going to renegotiate NAFTA. And if I can't make a great deal — then we're going to terminate NAFTA and we're going to create new deals.”
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Trump renegotiated NAFTA in his first term. The United States-Mexico-Canada Agreement (USMCA) was signed November 30, 2018; its implementing legislation became Public Law 116-113 on January 29, 2020 with broad bipartisan support; and the agreement entered into force July 1, 2020, replacing NAFTA. The promise was renegotiate-or-terminate, and the renegotiation branch was completed.
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