Tags: nafta | robert lighthizer | north american free trade agreement

Trump Admin 'Concerned About Lack of Headway' on NAFTA

Trump Admin 'Concerned About Lack of Headway' on NAFTA
United States Trade Representative Robert Lighthizer speaks during the conclusion of the fourth round of negotiations for a new North American Free Trade Agreement in Washington, Oct. 17, 2017. (Manuel Balce Ceneta/AP)

By    |   Wednesday, 22 November 2017 12:34 PM

U.S. Trade Representative Robert Lighthizer said this week that renegotiations over the North American Free Trade Agreement have stalled.

"While we have made progress on some of our efforts to modernize NAFTA, I remain concerned about the lack of headway," he said in a statement. "Thus far, we have seen no evidence that Canada or Mexico are willing to seriously engage on provisions that will lead to a rebalanced agreement. Absent rebalancing, we will not reach a satisfactory result."

President Donald Trump has repeatedly expressed his dissatisfaction with the agreement and the lack of progress on his demands for changes.

"A rebalanced, updated NAFTA will promote greater prosperity for American workers, farmers, ranchers and businesses and strengthen the North American region as a whole," Lighthizer continued. "Our teams will be meeting again next month in Washington. I hope our partners will come to the table in a serious way so we can see meaningful progress before the end of the year."

Canadian Foreign Minister Chrystia Freeland told reporters on Tuesday that "significant differences remain on some key areas . . . These are proposals we simply cannot agree to," according to Reuters.

Mexican Economy Minister Ildefonso Guajardo told reporters the same day that Mexico is "prepared to work towards that (rebalancing) goal, provided it doesn't limit Mexico's ability to produce and export."

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U.S. Trade Representative Robert Lighthizer said this week that renegotiations over the North American Free Trade Agreement have stalled.
nafta, robert lighthizer, north american free trade agreement
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2017-34-22
Wednesday, 22 November 2017 12:34 PM
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