Teamsters union members hold signs that reads, "NAFTA kills," during a news conference by congressmen and union leaders against the cross-border trucking program Wednesday, Oct. 19, 2011, in San Diego. The first Mexican carrier is set to roll into the U.S. interior within days under a new agreement, but American trucking union leaders and two California congressmen haven't given up on stopping the cross-border trucking program that had been stalled for years by safety concerns and political wrangling. (AP Photo/Gregory Bull)

Trump To Renegotiate NAFTA – Details:

President Trump will sign two executive orders on Monday announcing his plans to renegotiate the North American Free Trade Agreement (NAFTA) and pull the United States out of the Trans-Pacific Partnership (TPP), The Washington Examiner reports.

Trump is expected to sign the orders at 10:30 a.m.

On the campaign trail, Trump was critical of trade agreements that have the possibility of sending U.S. jobs to other countries, believing that they manufacturing sector.

NAFTA was signed by President Clinton in 1993, and went into effect in 1994. Both Republicans and Democrats have been critical of the trade agreement since then, including Vermont Sen. Bernie Sanders.

The agreement reduced trade restrictions between the U.S., Canada, and Mexico, but has been criticized for allowing companies to relocate to Mexico while still selling goods in the U.S. and Canada.

The Trans-Pacific Partnership was negotiated by the Obama administration with 11 different countries. President Trump plans to negotiate with each country individually as a part of the executive order.

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Autumn Price

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