Time For NAFTA Talks Running Short?

On Monday the top U.S. trade envoy said that bilateral deals could replace NAFTA if the pact is not renegotiated soon. The comment ramped up pressure on Canada and Mexico, already smarting from President Donald Trump’s plan to impose steel and aluminum tariffs.

U.S. Trade Representative Robert Lighthizer said political headwinds would increase the longer the negotiations dragged on. He warned that time to rework the 1994 trade deal was running “very short.”

Saying the United States was making more headway with its southern neighbor than with Canada, he also appeared to seek to divide Mexico and Canada in the talks.


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