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Transcripts For BBCNEWS World Business Report 20170427

The white house tells mexico and canada it wont cancel the north American Free trade agreement, but will renegotiate it. The peso and Canadian Dollar soar. Plus, is it Terminalfor Alitalia . Italys Flag Carrier Battles to stay in the sky as its rescuer pulls the plug. Welcome to World Business report. Im aaron heslehurst. Also coming up, raking it in, but are they worth it . Top bosses face their shareholders amid growing concern over excessive boardroom pay. We start with president trump, because once again hes taken the Business World by surprise. The white house has confirmed it has told the leaders of canada and mexico they wont be scrapping the north American Free trade agreement. But instead they will seek to renegotiate the terms of it. That has sent the Canadian Dollar and mexican peso soaring. President trump has repeatedly vowed to pull out from the 23 year old trade pact with the two neighbouring countries, calling it the worst trade deal in history. He already used an execu

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