While he was quick to renege on the Trans-Pacific Partnership Agreement with 11 Pacific-Rim nations that President Barack Obama and US trade negotiators spent several years working out, Trump was more daunted by the long-standing NAFTA. Rather than pull out, as he had promised, Trump has decided to renegotiate its terms, although the details of such renegotiations had until recently remained unclear.
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Trump’s attempt to rewrite NAFTA pushes a provision that is 'senseless — and unnecessary'
The Trump administration wants NAFTA revisions to include a "sunset clause."
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Now there’s some semblance of a plan on NAFTA and it includes a provision that has never been used in past US trade deals, and for good reason, according to Jeffrey Schott, senior fellow at the Peterson Institute for International Economics (where I used to work) and a veteran trade economist and former negotiator.
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