Renegotiating NAFTA with Canada and Mexico in order to make better trade deals – May terminate

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HAMBURG (Reuters) – U.S. President Donald Trump hailed progress on trade after meeting his Mexican counterpart on Friday, as Mexicos government said it expected a general agreement on reworking the North America Free Trade Agreement (NAFTA) by the end of 2017. For the first time since becoming president in January, Trump met Mexican President Enrique Pena Nieto, whose foreign minister Luis Videgaray said he expected talks on renegotiating NAFTA to start on Aug. 16., the earliest possible date.