Article snippet: Congressional Republicans are warning MORE not to withdraw from the North American Free Trade Agreement (NAFTA) with Mexico and Canada as he attempts to push through an updated version of the deal. “I hope he doesn’t do that. I think that’d be a big mistake,” said Sen. MORE (R-S.D.), who will become the No. 2 GOP senator in the next Congress. “The president does not have the legal authority to unilaterally withdraw the United States from NAFTA,” Sen. MORE (R-Pa.) said, adding that “there would be significant negative repercussions if he attempts to.” Trump threatened to withdraw from the decades-old free trade deal in a tweet on Saturday that served as a form of pressure on the Democratic House to agree to the updated agreement, known as the U.S.-Mexico-Canada Agreement (USMCA). “I’ll be terminating it within a relatively short period of time,” Trump said Saturday of NAFTA. If Trump did so, old trade rules and tariffs from before NAFTA was implemented would go back into place, likely raising costs for businesses and consumers in the United States. This explains the resistance to the idea from Republicans in Congress, and why many believe the president would not follow through on the threat. The GOP complaints also undermine Trump’s strategy for using the threat as leverage against Democrats, who are demanding changes to the deal to win their approval. Democrats will control the House in January and there is virtually no chance that lawmakers will approve impleme... Link to the full article to read more