Comment on Why NAFTA needs an expiration date

Why NAFTA needs an expiration date

The Trump administration’s recent proposal to insert a sunset clause into the North American Free Trade Agreement shocked just about everyone in the trade world. Under the plan, the three countries would have to renew the agreement every five years—or else it would be terminated. Canadian and Mexican negotiators immediately rejected the idea, arguing that it would create uncertainty for businesses and potentially spell the end for NAFTA.

 

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