Tradelines News

Get the latest news and updates on cross-border customs and international trade.

NAFTA Success Will be Tough if U.S. Keeps up Hard Line Stance, Canadian Official Says

Posted November 03, 2017

Under Economic Issues, International Trade Issues

(David Ljunggren – Reuters)

Successfully modernizing the NAFTA trade pact will be “very difficult” if the United States sticks to hard line proposals that Canada and Mexico feel are unacceptable, a top Canadian negotiator said on Thursday.

Martin Moen, a senior foreign ministry official who helps lead the Canadian team, said some of the U.S. initiatives “are not going to be workable” in the context of renegotiating the three-nation North American Free Trade Agreement (NAFTA).

The hard line American demands have prompted increasing concern that Washington could walk away from the 1994 deal, which U.S. President Donald Trump says is a disaster. Click here to read more.