The Trade Subcommittee of the U.S. House Ways and Means Committee today held a hearing concerning the North American Free Trade Agreement (NAFTA).
Read the testimony on the Ways and Means website as provided by industry witnesses for the Trade Subcommittee’s hearing on the modernization of NAFTA.
The Office of the U.S. Trade Representative released a summary [PDF 9.26 MB] of the U.S. negotiating objectives for the renegotiation of NAFTA. These objectives include deficit reduction as well as goals of adding a digital economy chapter, and incorporating and strengthening labor and environment obligations that are currently included in NAFTA side agreements. Other objectives will focus on eliminating unfair subsidies, market-distorting practices by state-owned enterprises, and restrictions on intellectual property. Negotiations are to begin no earlier than August 16, 2017.
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