• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadership

Trump May or May Not Want to Postpone NAFTA Move Until After Election

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
July 1, 2018, 2:27 PM ET
President Trump Meets With The National Space Council At The White House
President Donald Trump speaks during a National Space Council meeting in the East Room of the White House in Washington, D.C., on Monday, June 18, 2018. Andrew Harrer—Bloomberg/Getty Images

President Donald Trump said Sunday he wants to wait until after the election to finalize a new deal on the North American Free Trade Agreement — but it wasn’t clear whether he meant the U.S. midterms in November, or a Mexican vote that’s expected to lift a left-wing leader into power.

Asked in an interview on Fox News “you can’t do Nafta before the midterms,” Trump responded, “I want to wait until after the election.”

The president went on to say: “You’re going to have an election, it’s going to be very interesting. I have a feeling he’s going to be fine. And the reason is because if they’re not fine, I’m going to tax their cars coming into America, and that’s the big one.”

That comment seemed to refer less to the U.S. elections and more to the vote on Sunday that’s expected to sweep Andres Manuel Lopez Obrador into power as Mexico’s first leftist leader in decades — certainly an “interesting” outcome for Trump and others.

Lopez Obrador’s opponents have suggested his election will create more tension with Washington at a time when relations are already fraught by the stalled talks on reworking Nafta and by Trump’s immigration policies, including a planned wall along the U.S. border.

The Associated Press and Washington Post reported that Trump’s comments on Fox meant he is waiting until after the U.S. midterms for a Nafta revision.

The White House didn’t immediately respond to requests for clarification on Trump’s comments.

The economist tapped by Lopez Obrador to lead Nafta talks if he wins said on June 26 that he hopes a deal can be reached “within a couple of months.”

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.