ISDS Case Map
NAFTA | USMCA
An Indigenous chapter in NAFTA mustn’t be allowed to fall by the wayside, regardless of the challenges currently confronting negotiators, says Assembly of First Nations National Chief Perry Bellegarde.
The top US and Canadian and trade officials accused each other of sabotaging efforts to renegotiate the North American Free Trade Agreement, even as they and Mexico agreed to extend talks into the first quarter of 2018.
The US wrapped up the fourth round of Nafta trade talks with a bombshell proposal to dismantle Canada’s dairy sector, adding to a list of demands its trading partners say would be impossible to accept as negotiations grow more fraught.
Jose Antonio Meade, Secretary of Finance and Public Credit of Mexico, said that the country will seek to diversify its trade relations with other countries. Trade agreements with the Middle East and Turkey will be a priority.
US Nafta negotiators are proposing to essentially do away with the independent tribunals that oversee the trading and investment relationship.
The No. 1 discussion topic at this current round is whether chief US negotiator's team is being ordered to sabotage the talks, so President Donald Trump can declare NAFTA has failed.
Negotiators at talks to modernize NAFTA are running out of time and look set to extend the remaining rounds in a bid to meet an end-year deadline as tensions rise, three sources familiar with the matter said.
Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years.
The US wants 85 percent of content to come from the United States, Mexico and Canada. The request may include a demand for a 50 percent American content requirement.
Trump has said he likes 'bilateral deals,' but Trudeau still focused on agreement including Mexico.
