Modernizing and Strengthening NAFTA

September 12, 2018

Modernizing NAFTA in ways that expand, not restrict, trade should be the Administration’s primary objective in these negotiations. But issuing an intent to withdraw from NAFTA would imperil millions of U.S. jobs and the competitiveness of U.S. companies. A NAFTA 2.0 deal should strengthen intellectual property protection, promote e-commerce and digital trade in goods and services, and streamline customs rules to provide greater market access for businesses of all sizes, among other things. Proposals that would weaken investor-state or state-to-state dispute settlement mechanisms, implement overly restrictive rules of origin requirements, institute a sunset clause or curtail government procurement opportunities or result in a bilateral versus trilateral deal would create uncertainty for U.S. businesses and should be rejected.