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ARTICLE · 27 APRIL 2017

Renegotiation Of NAFTA: A Look At The Process

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CanadaInternational Law
Burnet, Duckworth & Palmer LLP
Burnet, Duckworth & Palmer LLP
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Background

The North American Free Trade Agreement ("NAFTA") is a trade deal between the U.S., Mexico and Canada, which works to eliminate both tariff and non-tariff barriers to free trade and investment among the three countries and thereby encourage economic integration. It was signed by Prime Minister Brian Mulroney, Mexican President Carlos Salinas and U.S. President George H.W. Bush and became effective on January 1, 1994.

Throughout his presidential campaign, President Trump disparaged NAFTA as the "worst trade deal maybe ever signed anywhere, but certainly ever signed in this country".1 On January 23, 2017, President Trump signed a presidential memorandum directing the withdrawal of the U.S. as a signatory to the Trans-Pacific Partnership, and included a vague direction to "begin pursuing, wherever possible, bilateral trade negotiations to promote American industry, protect American workers, and raise American wages".2 Some interpreted this as an intention

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