Report: Trump plans to keep promises on trade, will focus on renegotiating NAFTA in first 200 days

In his first 100 days in office, President-elect Donald Trump plans to make good on his campaign promises on trade, including renegotiating or withdrawing from the North American Free Trade Agreement.

According to a Trump transition team memo obtained by CNN,Trump wants to renegotiate U.S. trade policy in a way that, according to the Trump team, puts American companies and workers first.

"The Trump trade plan breaks with the globalist wings of both the Republican and Democratic parties," the memo reads, according to CNN. "The Trump administration will reverse decades of conciliatory trade policy. New trade agreements will be negotiated that provide for the interests of US workers and companies first."

The memo, which notes that it is for "discussion purposes only," lays out a 200-day trade plan and includes five objectives: addressing NAFTA, blocking the Trans-Pacific Partnership, stopping "unfair imports," ending "unfair trade policies" and pursuing bilateral trade deals.

According to the memo, Trump will begin looking at avenues to withdraw from NAFTA and the consequences, if any, of doing so on the first day of his presidency and will notify Canada and Mexico of his intentions. By day 200 of his presidency, the Trump administration will be looking to formally withdraw from the agreement.