NAFTA

President Donald Trump is again threatening to pull the United States out of the North American Free Trade Agreement. And once again, a local international business development organization is recommending the White House avoid that.


Less than one week into the renegotiation of NAFTA and Donald Trump has already threatened to blow up the agreement.

Officials from the U.S., Mexico and Canada met Wednesday to begin renegotiations of the North American Free Trade Agreement. In an opening statement, U.S. Trade Representative Robert Lighthizer praised President Trump for the fact that these negotiations were even happening.

"American politicians have been promising to renegotiate NAFTA for years, but today, President Trump is going to fulfill those promises," he said.

Trump's NAFTA Makeover Not So Extreme

Aug 15, 2017

The Trump administration on Wednesday will start to renegotiate the North American Free Trade Agreement with Canada and Mexico. And despite very tough talk about NAFTA during the campaign, it appears the administration has backed away from a major assault on the decades-old trade deal.

And that is a relief to businesses in all three countries.

During the presidential campaign, Donald Trump clearly tapped into frustration about workers who had lost jobs in manufacturing. And he painted NAFTA as one of the central villains responsible for stealing Americans jobs.

The Trump administration has released its broad goals for a new North American Free Trade Agreement, but the language is mostly vague and offers just enough clues to point to potentially tough negotiations ahead.

The Trump administration has set into motion the process to renegotiate the North American Free Trade Agreement, following through on the president's earlier promise.

U.S. Trade Representative Robert Lighthizer formally notified congressional leaders in a letter Thursday that the president intends to launch negotiations with Canada and Mexico "as soon as practicable."

WBFO file photo

During Monday's meeting in Washington between Canadian Prime Minister Justin Trudeau and President Donald Trump, the latter hinted that he'd like to "tweak" the North American Free Trade Agreement. Locally, economic leaders on both sides of the US-Canada border say NAFTA has proven to be beneficial to this side of the Niagara and shouldn't be overhauled.


Clarence Congressman Chris Collins is calling for the United States to broker a bilateral deal with Canada as opposed to updating the three-party North American Free Trade Agreement.

US.gov

Rhetoric dismissing international trade deals has been a central theme for President-elect Donald Trump. While the future of such agreements remains in question, some local officials are arguing the benefits of one trade deal: the North American Free Trade Agreement.


WBFO file photo

Trade is good for the United States and its workers. That was the message delivered Thursday night to the World Trade Center Buffalo Niagara.

WBFO Albany Correspondent Karen DeWitt

Foreign trade deals are a contentious issue at the Democratic National Convention in Philadelphia. Now New York’s Senior Senator Chuck Schumer is weighing in, saying he is against the Trans Pacific Partnership proposal, known as the TPP.

Every day, thousands of people go back and forth across the U.S. border with Canada and a few try to do it illegally. For those who want to come here to work or to stay, there are legal procedures.