US-China trade – will the two economic powerhouses be able to negotiate away the trade tensions and tariffs? They have negotiated a Phase One deal which is scheduled to be signed in January. But we have been here before. The mutual mistrust means that all bets are off...
(In Part I, we explained that while Canada and Mexico seek to “modernize” NAFTA, the U.S. has said it seeks to “restructure” NAFTA.) Even as NAFTA negotiators concluded the 7th round of negotiations (March 5th in Mexico), the threat to “Kill NAFTA” resonates....
The threat to “Kill NAFTA” was a consistent promise of Trump as a presidential candidate. Instead, while the threat remains, on May 18, 2017 the Trump Administration announced its intention to renegotiate the North American Free Trade Agreement (NAFTA). To what end?...