Commerce Secretary Wilbur Ross informed a congressional trade committee that in mid-March the Administration will formally notify Congress of its intent to renegotiate NAFTA. This provides a timeframe for industry to assess how quickly policy priorities must be identified and trade-related lobbying efforts must get underway. The renegotiation has some support among congressional Democrats, but continued delays to the Senate confirmation of USTR nominee Robert Lighthizer could frustrate the Trump team’s planning on NAFTA.
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