US launches NAFTA renegotiation countdown

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AFP, Washington :
US President Donald Trump’s administration on Thursday launched the 90-day countdown to renegotiating the three-nation North American Free Trade Agreement.
US Trade Representative Robert Lighthizer formally notified Congress of the intent to revamp the pact with Canada and Mexico, which accounts for about $1 trillion in annual trade.
Talks will begin no earlier than August 16, 2017, he said in a statement.
During the required 90-day period, USTR will consult with “Congress and American stakeholders to create an agreement that advances the interests of America’s workers, farmers, ranchers, and businesses,” he said.
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