U.S. Calls for ‘Much Better Deal’ in Nafta Overhaul Plan
Upon taking office, Mr. Trump withdrew the United States from the 12-country Trans-Pacific Partnership trade agreement and suggested
that he was considering pulling out of Nafta, which he had billed as the “worst trade deal.”
But in March, a draft letter circulated to members of Congress about the administration’s intentions suggested
that Mr. Trump was planning to take a more measured approach to modernizing Nafta.
The United States Trade Representative said a revamped Nafta must include provisions to eliminate unfair subsidies
and give the United States broader authority to crack down on an influx of cheap products.
By ALAN RAPPEPORTJULY 17, 2017
WASHINGTON — Claiming it wants to negotiate a “much better deal for all Americans,” the Trump administration on Monday revealed
its most detailed list of objectives to date for an overhaul of the North American Free Trade Agreement with Mexico and Canada.
“I believe that the end result will make all three countries stronger and better.”
The publication of the objectives begins a 30-day period before formal talks among the United States, Canada and Mexico can officially begin.