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First, Donald Trump threatened to rip up NAFTA. Then he didn't. This week he did again. Now, he's saying he won't. But maybe, he says, he'll change his mind again and rip it up if he can't get a good deal.

"Mr. Trump doesn't have that much leverage -- and Canada and Mexico know that," said Patrick Leblond, a non-resident fellow at the Centre for International Governance Innovation and a University of Ottawa professor.

"The political calendar works against a NAFTA renegotiation."

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