TRUMP MAKES FIRST MOVE IN NAFTA RENEGOTIATION

Mar 30, 2017

By Bob Komsic

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Considering what presidential candidate Donald Trump had to say about the North American Free Trade Agreement, this should not come as any surprise now that he’s in power.
The Trump administration has sent a draft list of priorities for the renegotiation to the U.S. Congress, which will be involved in revising that list.
It includes broad references to making changes in several areas, including agriculture, government procurement, intellectual property, rules of origin for things such as auto parts, telecommunications and dispute resolution.
The White House could then issue a formal notice that it wants to renegotiate the deal, spending a minimum of 90-days consulting lawmakers and industry before formal talks begin with Canada and Mexico.
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