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NAFTA talks begin with US pledging major changes in trade pact

WASHINGTON — Negotiations to revise the North American Free Trade Agreement began Wednesday on shaky ground, as President Trump’s top trade official insisted that there are fundamental problems with the 23-year-old pact while Canadian and Mexican officials lauded NAFTA’s substantial benefits to the region and emphasized the importance of protecting those gains. The contrasting opening statements from the U.S. Trade Representative Robert Lighthizer and his counterparts from Canada and Mexico portend the tough bargaining ahead as the three parties, in Washington, began the first of what are expected to be several rounds of talks to renegotiate the landmark free-trade agreement. Lighthizer acknowledged that many Americans, particularly in farming and those living in border communities, have benefited from NAFTA and that it was paramount to maintain those interests.

Article by By Don Lee (c) Page One News - Read full story here.