NAFTA

NAFTA Renegotiations Begin This Week

Aug 16, 2017

From Texas Standard:

As the U.S., Mexico and Canada begin renegotiating the North American Free Trade Agreement, or NAFTA — an agreement that President Donald Trump famously promised to end — American businesses have doubled down on the argument that NAFTA has been good, on balance, for everyone.  

Louisa Jonas / Texas Public Radio

Ambassador of Mexico to the U.S., Geronimo Gutierrez, spoke in San Antonio Wednesday about border issues.

 

He praised San Antonio for being what he called “extremely active” during NAFTA negations two decades ago. He did say, though, that he wishes he’d heard more from the state of Texas about the importance of its relationship with Mexico in recent years.

Carson Frame / TPR News

More than two decades ago, the North American Free Trade Agreement (NAFTA) was signed at the German-English School on South Alamo Street in San Antonio. On Friday, U.S. Representatives William Hurd  and Henry Cuellar held a meeting at the Pearl Stable, where they shared their hopes for modernizing the agreement. 

From Texas Standard:

President Donald Trump has called the North American Free Trade Agreement "the worst trade deal in the history of the world." But a group of Texas business leaders begs to differ. In a step toward preserving what works about NAFTA, the Texas Association of Business and Texas Business Leadership Council have formed the Texas-Mexico Trade Coalition.

From Texas Standard:

During the 2016 presidential campaign, Donald Trump famously criticized NAFTA as the “worst trade deal ever signed in this country.” President Trump is now taking a somewhat softer line on NAFTA. A draft letter from the White House emerged this week that indicates the administration wants to re-negotiate the trade agreement with Mexico and Canada, leaving some provisions in place, while seeking changes to others. The document contains few details, but it does indicate that the president would like the ability to impose tariffs on some imported products. Re-opening NAFTA negotiations would require Congressional approval.

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