Trump administration announces NAFTA renegotiations

Posted on: 19/05/2017

On 18th May 2017 US Trade Representative Robert Lighthizer formally notified the US Congress of President Donald Trump’s intent to renegotiate the North American Free Trade Agreement (NAFTA). 

In letters transmitted to senior Congressional leaders, Ambassador Lighthizer pledged that the administration will consult closely with Congress to ensure its negotiating positions are consistent with the priorities and objectives set out under the Bipartisan Congressional Trade Priorities and Accountability Act, Trade Promotion Authority (TPA) legislation passed into law in 2015. The letter acknowledges how much the world has changed in the 25 years since NAFTA was first negotiated and states that the administration aims to modernize NAFTA to include provisions addressing issues like “intellectual property rights, regulatory practices, state-owned enterprises, services, customs procedures, sanitary and phytosanitary measures, labor, environment, and small and medium enterprises.” It also reiterates the administration’s pledge to pursue strong implementation and enforcement of trade commitments.

Read the Letters

 

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