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ARTICLE · 08 MARCH 2017

NAFTA – The Sky Is Not Falling – Those Are Just Thunder Clouds

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Since the election of President Trump in the United States, there has been much alarm expressed in the press about potentially disastrous implications of the new US administration policies on trade and investment flows.

CanadaInternational Law
McMillan LLP
McMillan LLP
Neil Campbell
Neil Campbell
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Since the election of President Trump in the United States, there has been much alarm expressed in the press about potentially disastrous implications of the new US administration policies on trade and investment flows.  This bulletin aims to explain certain limitations on the new US administration and what might be expected going forward in the context of renegotiation of the North American Free Trade Agreement ("NAFTA").

While there have been many suggestions that President Trump's actions are difficult to predict, Mexican billionaire Carlos Slim has noted that Donald Trump is a negotiator rather than a "terminator".  An experienced negotiator does not begin offering concessions in advance of negotiations.

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