All 14 US free trade deals face scrutiny

US President Donald Trump pausing as he speaks from the Oval Office of the White House in Washington, DC, on March 24, 2017.
US President Donald Trump pausing as he speaks from the Oval Office of the White House in Washington, DC, on March 24, 2017.PHOTO: AFP

WASHINGTON • All 14 of the United States' free trade agreements with other countries, including Singapore, will soon be reviewed, according to American officials.

President Donald Trump's administration is preparing new executive orders to re-examine the free trade deals as well as government procurement policies, said two senior administration officials.

Mr Trump had pledged to renegotiate the North American Free Trade Agreement (Nafta) with Mexico and Canada to make the terms more favourable to Americans. He has also said that the US has a US$60 billion (S$84 billion) trade deficit with Mexico, calling it a one- sided deal.

REUTERS

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A version of this article appeared in the print edition of The Straits Times on March 25, 2017, with the headline 'All 14 US free trade deals face scrutiny'. Print Edition | Subscribe