Draft memo offers first look at Trump's plans for NAFTA

2017-04-01T07:40:54-07:00

CNN Money - 3/30/2017 - Heather Long - The White House has given Congress a head's up that it intends to begin renegotiating the North American Free Trade Agreement, and has signaled it will push hard to bring back tariffs. The move was widely expected since Trump once called NAFTA the "worst trade deal in history." In an eight-page draft memo to Congress obtained by CNNMoney, Stephen Vaughn, the acting U.S. Trade Representative, gives the most detailed look so far at White House plans to redo NAFTA. According to the document, a top goal of the White House is to be able to put tariffs (a code word for taxes) on Mexican and Canadian goods if the Trump administration believes there is "serious injury or threat of serious injury" to U.S. companies. Read more @ http://money.cnn.com/2017/03/30/news/ec ... ?iid=SF_LN

Statistics: Posted by McFurd — Sat Apr 01, 2017 8:40 am

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Draft memo offers first look at Trump's plans for NAFTA