Canadian Shipper


February 16, 2018

Renegotiation, not cancellation: Trump team drops hints NAFTA end not imminent

  Washington, DC — Members of the Trump administration have dropped several hints in recent days that withdrawing from NAFTA is not in their current plans — and the latest such example came Thursday. A congressional gathering heard Treasury Secretary Steven Mnuchin express some optimism about getting a deal. He based that on what he said were weekly meetings with U.S. trade czar Robert Lighthizer. “I’m cautiously hopeful that ... (he) will be renegotiating this deal,” Mnuchin told the House of Representatives’ budget committee. “It is a major priority of ours to renegotiate the deal.” He refused to even discuss the possibility of U.S. withdrawal from NAFTA when asked to do so. Republican lawmaker Darin LaHood pressed Mnuchin to analyze the possible consequences of withdrawal, something the Illinois congressman