Drop the threat of NAFTA withdrawal, asks U.S. food and ag sector
A coalition of 100 companies and trade groups representing the U.S. food and agriculture sector says it supports President Trum's goal of modernization of NAFTA but, "We encourage NAFTA negotiations to continue without the threat of withdrawal." Trump has repeatedly threatened to scrap the tri-national trade agreement and Commerce Secretary Wilbur Ross said Canada and Mexico have more to lose than the United States if there is a rupture.
Negotiators promise ‘accelerated’ NAFTA process
Canada, Mexico and the United States "are committed to an accelerated and comprehensive negotiation process" to write the new NAFTA, according to a joint statement from the three countries at the conclusion of a session in Washington. The second round of talks will be Sept. 1-5 in Mexico.