The Trump Administration is working against the clock to get the North American Free Trade Agreement negotiations done in time for a vote during this year’s December session of Congress. If the Administration wants a vote this year, the deadline is this Thursday, May 17.
Politico says Speaker of the House Paul Ryan’s deadline makes it uncertain whether or not the NAFTA trade negotiators will be able to push that new deal across the finish line because a number of unresolved issues are still on the table. Many of the recent discussions have centered on the automotive rules-of-origin issue. Some of the other complicated issues to deal with include the seasonal produce proposal, investor-state dispute settlement, and market access for dairy.
U.S. Trade Representative Robert Lighthizer tells lawmakers he’s taking steps to tackle Canada’s milk pricing program, which American dairy farmers want killed in NAFTA 2.0.