The Globe and Mail reports in its Friday, May 12, edition that President Donald Trump says he is set to start a major renegotiation
of the North American
free-trade agreement now that
his trade czar, Robert Lightizer, is poised to achieve
a confirmation by
the U.S. Senate next week.
A Canadian Press dispatch to The Globe reports that Mr. Trump says he intends to file a
90-day notice with Congress,
work with it on negotiating priorities,
and start talks with Canada
and Mexico later this year. The
administration has begun signalling
that it wants significant
changes in a range of areas, including
dairy, lumber, automobiles,
pharmaceuticals and the
dispute-resolution system.
Mr. Trump says he is looking for a "massive" renegotiation. "President Trump is eager for
some wins. Canada can help provide
him with one, while also
advancing its own interests,"
Maryscott Greenwood of the Canadian-American Business Council
wrote in a Policy Options
article.
"The Canadian government
could present the United States
with a proposal for aligning a particular
set of regulations. This
would represent a bilateral victory
for what is at the moment a
U.S.-only effort to cut regulatory
red tape."
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