Eastern dealmakers watch feds fumble NAFTA free trade opportunity with U.S. and Mexico

By Jesse Robichaud
The Guardian
November 15, 2017
Category: Business & Politics
Region: Canada, United States

Free trade across America’s northern border is at risk of remaining frozen in the 1990s as the veneer of hopeful rhetoric fades from the NAFTA negotiating table. That’s bad news in New England and Atlantic Canada where time-tested trading partners would have benefited from the fulfillment of a more modern, inclusive reboot of the deal. Although two of the region’s top trade commodities, energy and lumber, fall largely outside the parameters of NAFTA, the renegotiation might have struck pay dirt for this northeastern part of North America that relies on shrewd partnerships and ambitious deal-making to compete globally. …NAFTA could still be saved, and there is a concerted lobbying effort currently deployed by U.S. businesses and the Canadian government. But if saving NAFTA means allowing the deal to sit frozen in the 1990’s it will be a lost opportunity.

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