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    After Fifth Round- NAFTA Modernization Talks Remain Contentious

    Trade representatives of Canada, Mexico and the United States completed another five days of NAFTA re-negotiation talks this week which were hosted by Mexico. After this fifth round, the overall mood of these talks remains far less optimistic for a successful overall outcome.

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    A Declared Tough U.S. Stance Related to NAFTA Talks

    This week, United States Secretary of Commerce Wilbur Ross spoke to attendees of The Wall Street Journal’s CEO Council indicating that the Trump Administration’s ongoing hardball strategy regarding ongoing North America Free Trade Agreement (NAFTA) talks comes from perceived leverage over Canada and Mexico.

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    NAFTA Renegotiation Talks Now at a More Contentious Stage

    The fourth round of the North America Free Trade Agreement (NAFTA) renegotiation talks kicked-off this week and the prospects for reaching some consensus agreement on major NAFTA trade principles by the end of this year are now looking to be rather challenging. Once more, various industry and business interests are growing more worrisome as to U.S. objectives in these talks, as well as their potential implications.

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    President Trump Disbands Two Business CEO Advisory Councils Including Manufacturing Council

    The latest political firestorm surrounding the Trump presidency involves the aftermath of the rioting and act of domestic terrorism that occurred in Charlottesville Virginia, pitting white supremacists against counter-protesters. The President now indicated that he has decided to disband both the President’s American Manufacturing Council and the President’s Strategy and Policy Forum.

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