Pressure on NAFTA talks to hit deadlines
WASHINGTON — Two decades into a treaty that ignited fierce passions and rhetoric on the 2016 campaign trail, negotiations will begin this month between the U.S., Canada, and Mexico to rewrite the North American Free Trade Agreement, with potentially huge ramifications for the auto industry.
Trade negotiations usually take years of detailed work to hash out agreements covering multiple industries and products. In this case, the three governments will race to finalize a deal before other events complicate matters.
Details about the structure of the talks have been limited so far. Automotive News got a sense of how the process will unfold, and how external factors might influence the negotiation timetable, from trade experts who based their comments on experience with previous agreements and conversations with officials participating in the coming talks.