One Year Later, Nafta Lives On, Resisting Trump’s Trade Wrath
- U.S. still trying to negotiate changes to reduce trade deficit
- Mexico, Canada are resisting several key U.S. proposals
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President Donald Trump has made no secret that he wanted the North American Free Trade Agreement gone. A year of on-again-off-again negotiations without a clear view of an endgame has demonstrated the pact’s staying power.
The survival of Nafta was hardly a given exactly a year ago, when negotiators from the U.S., Canada and Mexico gathered at a hotel in Washington. Their task was to start hammering out a fast update to the 24-year-old pact, which governs $1.2 trillion in trade.