USTR Releases NAFTA Negotiating Objectives

USTR Releases NAFTA Negotiating Objectives

On Monday, July 17 the U.S. Trade Representative released the Trump Administration’s list of negotiating objectives for the modernization of the North American Free Trade Agreement. The objectives include negotiating parameters in 22 areas including: trade in goods, SPS, customs, TBT, regulatory practices, services, digital trade, investment, intellectual property, transparency, state owned enterprises, competition policy, labor, environment, anti-corruption, trade remedies, procurement, small and medium sized enterprises, energy and dispute settlement. The objectives also included, for the first time, specific negotiating priorities regarding currency manipulation. These negotiating objectives are mandated by Trade Promotion Authority legislation and will be used as a blueprint for negotiations that could begin as early as August 16.

A copy of the objectives can be found here.