As expected, U.S. trade officials confirmed this week that North American Free Trade Agreement renegotiations would begin August 16, the first day allowed by U.S. law. The office of U.S. Trade Representative Robert Lighthizer announced this week that the talks would kick off in Washington, D.C. on August 16 and are scheduled to wrap up on Sunday, August 20. Earlier this week, the White House released its goals for NAFTA, which includes maintaining duty-free status on agricultural exports to Mexico and Canada.
The 18-page Summary of Objectives also includes the need to eliminate non-tariff barriers to U.S. agricultural exports. The new plan stresses the administration’s goal of updating and strengthening the rules of origin laws. However, it does not ask for a reinstatement of Country of Origin Labeling on beef and pork imports from Mexico and Canada.
Source: NAFB News Service