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Posts Tagged ‘Trump NAFTA negotiations’

Trump Drags Heels as NAFTA Negotiators Push Forward

Rhetoric increases confusion, delay in getting new deal done.

by on Apr.13, 2018

U.S. Trade Representative Robert Lighthizer and his team are pushing ahead in NAFTA talks despite President Trump's criticism of the pact.

As the Trump Administration’s NAFTA negotiation team continues to try to hammer out a deal, making incremental progress, the president appears to want to hamstring the group at every opportunity.

Just yesterday it was revealed that U.S. trade negotiators reduced their demand for regional auto content to 75% from the 85% they demanded originally. Eduardo Solis, the head of Mexico’s automotive industry association, confirmed the move today.

Promises, Promises!

However, speaking at the White House Thursday, President Trump told reporters he’s willing to “renegotiate forever,” as he tries to secure terms that are better for the automotive industry. The terms include an increase in North American content required in new vehicles now. (more…)

Talks to Renegotiate NAFTA Likely to Start in May

Officials expect long, arduous process that may take years.

by on Feb.02, 2017

President-elect Donald Trump's opposition to NAFTA could have unexpected consequences.

Key officials in the government of Mexico say they expect to kick off formal talks on changes to the North American Free Trade Agreement, or NAFTA, beginning in May, following a 90-day consultation with the private sector companies from both sides of the U.S. Mexican border.

The NAFTA talks, however, could have already been scrambled by the release of transcript in which President Donald Trump apparently warned Mexican President Enrique Pena Nieto that he was prepared to use U.S. military forces to find “bad hombres” in Mexico.

Trade News!

President Trump threatened in a phone call with his Mexican counterpart to send U.S. troops to stop “bad hombres down there” unless the Mexican military does more to control them, according to an excerpt of a transcript of the conversation obtained by the Associated Press. (more…)