Skip to main content

Business groups step up defense of NAFTA

Trump has threatened with withdraw U.S. from trade agreement With President Donald Trump suggesting he may withdraw the U.S. from the North American Free Trade Agreement, business groups are redoubling efforts to protect the trade deal. The U.S. currently is attempting to renegotiate NAFTA but so far Canada and Mexico have resisted changes sought by the Trump administration. One of the most forceful defenses of NAFTA came Oct. 11 when U.S. Chamber of Commerce CEO Tom Donohue told business leaders in Mexico City that the administration was proposing "poison pills" that could derail negotiations, such as adding a five-year sunset clause to the agreement. "If the… Read More