- Joined
- Jan 25, 2012
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- Vancouver, Canada Dual citizen
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It will be fascinating to watch the Trump crowd making a case for he really is "tearing up" "the worst deal ever signed by the United States of America" when they are, in fact, upgrading along the lines discussed for the last five years, and were provisions in TPP.
After Trump's tough talk, NAFTA proposals look more like light reno than demolition - Politics - CBC News
Not long ago, U.S. presidential candidate Donald Trump was trashing the North America Free Trade Agreement, threatening to "rip up" the whole "one-sided" deal once he got to the White House.
Instead, the NAFTA's new objectives under the Trump administration — offered in an 18-page summary released Monday by the U.S. Trade Representative's Office — are surprisingly tame, according to international trade and customs experts.
They see as downright sensible the U.S. proposals calling for regulatory co-operation, the addition of a chapter to address the digital economy, raising the duty-free spending limit for Canadians, and even the scrapping of a dispute resolution mechanism.
"This is nothing close to tearing up the NAFTA," said Daniel Ujczo, an international trade lawyer who focuses on Canada-U.S. matters.
That ought to be a relief to Canada and Mexico, the other parties in the three-way deal, after charm offensives by both nations to preserve it. Officials from all three countries will meet in Washington Tuesday to review the negotiation objectives.
After Trump's tough talk, NAFTA proposals look more like light reno than demolition - Politics - CBC News