If you alert your family not to schedule anything important on round-one NAFTA days, well, you might just be a trade and economics nerd. LOL Seriously, this is one of the biggest economic processes that falls almost exclusively outside of the reach of lobbyists.
And within this entire NAFTA trade construct there is little to zero downside to walking away. If Team Trump don’t get what they want from a completely reworked trilateral agreement, they can always just eliminate NAFTA and work on bilateral agreements with Mexico and Canada as individual trade partners. Team USA hold all the leverage.
USTR is anticipating seven rounds of talks which will take place at three week intervals.
The first round is scheduled for August 16th through 20th in Washington DC.
Washington, D.C. – United States Trade Representative Robert Lighthizer today announced arrangements for the first round of negotiations for the North American Free Trade Agreement (NAFTA).
The first round of the negotiations between the United States, Canada and Mexico will take place in Washington, D.C. from August 16 – 20, 2017.
The negotiations immediately follows the 90-day consultation period with Congress and the public initiated on May 18, 2017. On that day, Ambassador Lighthizer notified Congress of President Trump’s intent to renegotiate NAFTA to get a better deal for America’s workers, farmers, businesses and manufacturers.