The Continuing NAFTA Negotiations

NAFTA negotiations are heating up and the implications on the economy could be far reaching.  Cong. Kevin Brady (R-TX), Chairman of the powerful House Ways and Means Committee, weighed in on this important topic, stating:

“It important that the United States, Canada, and Mexico stay at the table to negotiate a new and modernized NAFTA that grows U.S. jobs and helps us sell more ‘Made in America’ products.

“Republicans in Congress continue to urge the Administration to bring back a modern agreement that is fully enforceable with binding dispute settlement procedures and which includes strong protections for American businesses and workers competing for customers in Canada and Mexico. We want an agreement that creates certainty for American workers and companies and high-standard rules that don’t automatically sunset after five years. This is the best way to protect American companies and workers as we search for new customers and grow our economy. I hope all countries continue working in good faith to get this done—whether that means a vote in Congress this year or next.”