Administration’s NAFTA objectives vague on investment, currency, rules of origin
The Trump administration's summary of its negotiating objectives for a redo of the North American Free Trade Agreement, unveiled Monday, leads with the goal of reducing the U.S. trade deficit -- without explaining how -- and includes broad language on controversial topics like the investor-state dispute settlement mechanism, currency and rules of origin. While providing clarity on the goal of eliminating the Chapter 19 dispute settlement mechanism -- which the U.S. lumber industry in particular has called for, and which...