Disir
Platinum Member
- Sep 30, 2011
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ARLINGTON, Va. (Reuters) - Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years, people familiar with the negotiations said on Thursday.
The proposal for a so-called sunset clause - just one of a series of U.S. initiatives that are opposed by NAFTA partners Canada and Mexico - only served to increase uncertainty about the future of the deal.
Two sources with direct knowledge of the talks described the atmosphere as “horrible” and highly charged.
The U.S. side proposed the sunset clause late on Wednesday during the fourth of seven scheduled rounds to update the rules governing one of the world’s biggest trade blocs, said two officials, who asked not to be identified because the talks are confidential.
The Trump administration says the clause, causing NAFTA to expire every five years unless all three countries agree it should continue, is to ensure the pact stays up to date.
U.S. hikes tensions in NAFTA talks with call for 'sunset clause'
Oh? it will die? How unfortunate?
The proposal for a so-called sunset clause - just one of a series of U.S. initiatives that are opposed by NAFTA partners Canada and Mexico - only served to increase uncertainty about the future of the deal.
Two sources with direct knowledge of the talks described the atmosphere as “horrible” and highly charged.
The U.S. side proposed the sunset clause late on Wednesday during the fourth of seven scheduled rounds to update the rules governing one of the world’s biggest trade blocs, said two officials, who asked not to be identified because the talks are confidential.
The Trump administration says the clause, causing NAFTA to expire every five years unless all three countries agree it should continue, is to ensure the pact stays up to date.
U.S. hikes tensions in NAFTA talks with call for 'sunset clause'
Oh? it will die? How unfortunate?
