Kudlow: U.S. Won't Withdraw from NAFTA — Won't Commit on Future of Trade Agreement

Sunday on CBS’s “Face the Nation,” White House chief economic adviser Larry Kudlow said that despite the dust-up between President Donald Trump and Canadian Prime Minister Justin Trudeau, the United States wouldn’t immediately withdraw from the North American Free Trade Agreement (NAFTA). Kudlow explained to host Margaret Brennan that negotiations were still underway, and therefore, he could not commit to the future of the agreement. Partial transcript as follows: BRENNAN: Did you believe he was going to step away from those retaliatory tariffs? Had he promised you privately that that is what was going to happen? KUDLOW: Who? BRENNAN: Trudeau. KUDLOW: Well… BRENNAN: You are saying he broke his word, that he publicly came out and said things. KUDLOW: Let me say, in the bilateral between President Trump and Prime Minister Trudeau, which was — I was in that room. It was a very successful, calm, friendly, respectful bilateral. And we made great progress in moving towards a deal between the U.S. and Canada and perhaps NAFTA as a whole. It was very successful. That is another reason why I think Trudeau betrayed Trump and the G7. I mean, look, they put together this good consensus. The Western allies were together.