President Trump said Thursday that wants to rebrand the North American Free Trade Agreement as the United States-Mexico-Canada agreement or USMC for short, but may limit it to just the USM pact if he cannot reach an agreement with Canada regarding the deal he negotiated with Mexico.

The comments were made during a private meeting with a small group of Republican donors, according to Dow Jones newswire. Trump has often called for getting rid of the NAFTA, saying he believes it has developed negative connotations.