usmca

NAFTA Partners Say Trilateral Agreement a Must

DanIndustry News Release, Trade

All sides of the North American Free Trade Agreement (NAFTA) want a trilateral deal between the U.S., Canada and Mexico, as the White House is pushing towards separate deals.

naftaTrade officials from Mexico, along with key lawmakers and trade officials in the U.S., agree a two-way NAFTA is “incomplete,” and won’t win the approval of the U.S. Congress.

President Trump over the weekend warned Congress to “not interfere” with the negotiations, threatening again to withdraw from NAFTA entirely. However, U.S. Chamber of Commerce President Tom Donohue told Politico “Anything other than a trilateral agreement won’t win congressional approval and would lose business support.”

Canadian Foreign Minister Chrystia Freeland was scheduled to return to Washington, DC this week to resolve politically difficult issues, like dairy market access, in an attempt to get Canada involved in the “handshake agreement” between the U.S. and Mexico.

Source: National Association of Farm Broadcasting News Service.