(Fouad Egbaria – Metal Miner)
Less than a week after the Department of Commerce’s hearing on the ongoing Section 232 aluminum investigation, the Office of the U.S. Trade Representative (USTR) kicked off three days of hearings Tuesday regarding renegotiation of the North American Free Trade Agreement (NAFTA).
Renegotiation of NAFTA has picked up steam with Donald Trump’s ascension to the presidency. In fact, Trump reportedly was ready to remove the U.S. from the 23-year-old agreement in April, until calls from Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto convinced him otherwise. The episode came a few months after Trump signed an executive order to withdraw the U.S. out of the Trans-Pacific Partnership (TPP).
Lawmakers and business representatives had the chance to express their thoughts on renegotiating the trilateral trade agreement when the hearing began Tuesday. The hearing continued for a second day Wednesday and concludes Thursday. Click here to read more.