NAFTA round three: Progress – but the tough stuff is yet to come

Round three of the North American Free Trade Agreement redo ended with unanimous agreement on two things: 1. The Ottawa meetings produced “ significant progress ” (also “meaningful advancements,” “narrowing gaps” and negotiations that, in the words U.S. Trade Representative Robert Lighthizer, are “continuing at an unprecedented pace”); and 2. the tough stuff is yet to come. Lighthizer added, at the end of the round, that there is “an enormous amount of work still to be done, including some very...