renegotiating

Verb

renegotiate (third-person singular simple present renegotiates, present participle renegotiating, simple past and past participle renegotiated)

1. (transitive) To negotiate new terms to replace old ones.
   • The United States announced today that it had renegotiated an important agreement governing textile trade between developing nations and the industrialized countries.1986 February 8, Kenneth B. Noble, “MULTI-FIBER AGREEMENT SET BY U.S.”, in The New York Times