President Trump appeared to downplay the odds of succeeding in the renegotiation of the 1993 North American Free Trade Agreement, conceding that Canada and Mexico have little incentive to agree to the changes he wants.
"On NAFTA I am working very hard to get a better deal for our country and for our farmers and for our manufacturers," he said in remarks to the American Farm Bureau Federation. "But think of it: When Mexico is making all of that money, when Canada is making all of that money, it is not that easy of a negotiation."
Trump devoted only a few lines to discussing NAFTA in the speech. He did not guarantee that he was "winning," as he customarily does.
The sixth round of talks is scheduled to begin Jan. 23 in Montreal and runs through Jan. 28. The round is widely seen as do-or-die for the Trump White House to get the changes it wants.
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