Exclusive: President Trump talks about renegotiating NAFTA and other trade deals
I spoke to President Trump about his efforts to ensure that America is engaged in fair trade around the world. Here’s what the president told me in our exclusive one-on-one interview:
PRESIDENT TRUMP: I mean, we have done a great job, but with the economy? Could be the greatest we've ever had.
BORIS: You mentioned NAFTA, Mexico has already agreed to renegotiate a deal. Something that most people said you couldn't get done. You got that done. Now it's up to Canada. Do you think that Canada was Justin Trudeau's, their leader will capitulate and join the new deal?
PRESIDENT TRUMP: Well, we have a lot of cards, you know? We’re the bank that everybody likes to rob, right? So, we have a lot of cards and frankly I'm using those cards and if they don't do it, it's fine. We'll do just as well or better.
But we made a deal with Mexico. It's a good deal for both countries. And it was about time. It was a horrible deal. NAFTA was a horrible deal for this country. One of the worst trade deals probably ever made in history of any country, probably it goes down as the worst. And if you look at what's going with Mexico, it's a great deal for us. It's a great deal for them. It's got to be good for two parties, but it's going to be, at least it's a fair deal now.
And it's got a better benefit or farmers. It's going to benefit cars and industry. And with Canada when negotiating, we'll find out. I mean, they want things that we're not giving them, you know, Canada charges our farmers 300% tariffs on dairy products. Nobody knows that.
People have taken advantage of this country. They've taken advantage of our country, like probably no other country in history has ever been taken advantage of. Forget about Canada. That's a horrible deal.
How about China? How about the European Union where they made $151 billion last year and they don't allow our products. Essentially, they don't allow our products. So, we have a lot of things to do. We're doing very well against China. That's really coming along well. And in the meantime, our farmers are starting to do better, you know, I want to open up a lot of these countries.
These trade deals, how presidents before me allowed this to happen and that will all affect the GDP. I mean we have the GDP at 4.2% and I'm just finishing up trade deals. And the other thing about a trade deal is, Boris, you have to let them take a little time. Don't rush them because if you're rushing, you're not going to make a good deal.
Here’s the Bottom Line: President Trump is doing all he can to make sure America is no longer taken advantage of by Canada, China, or any of our other trading partners.
EDITOR'S NOTE: Boris Epshteyn formerly served as a Senior Advisor to the Trump Campaign and served in the White House as Special Assistant to The President and Assistant Communications Director for Surrogate Operations