The first round of new NAFTA (North American Free Trade Agreement) negotiations begins today in Washington DC. The U.S., Canada and Mexico begin the task of renegotiating a trade deal originally established in 1995. There are trillions of dollars in trade being discussed, and more substantively the basic principles behind a tri-lateral trade deal that has compromised U.S. economic growth are being reformatted and reestablished.
Most of the media presentations on the substantive issues are framed in falsehoods, deception and many outright lies. The advancement of multinational corporations, and multinational financial constructs has eliminated the historic reference points still being used by the media to mislead the average consumer – EXPLAINED HERE –
NAFTA was/is a highly political trade deal that has severely compromised U.S. workers and U.S. manufacturers. There may be as many as six rounds of negotiations as each economic sector is addressed. However, the first round is essentially to establish the principles of priority for each trade nation. Against the backdrop of America as the worlds largest economy and market, the entire globe is watching to see the outcome.
U.S. Trade Representative Robert Lighthizer delivers his opening remarks (video and transcript below).
This morning, @USTradeRep Ambassador Robert Lighthizer delivered an opening statement at the first round of #NAFTA renegotiations. pic.twitter.com/8h21Ednskf
— Department of State (@StateDept) August 16, 2017
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AMBASSADOR ROBERT LIGHTHIZER – This is an historic day for the United States. Today, for the first time, we will start negotiating to revise a major free trade agreement. American politicians have been promising to renegotiate NAFTA for years, but today President Trump is going to fulfill those promises.
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