U.S. initiates NAFTA renegotiations

Now that Robert Lighthizer has been formally confirmed as the U.S. government’s chief trade lawyer, he has wasted no time in going after a trade agreement of tremendous importance to Canadians, NAFTA. 

On May 18th, United States Trade Representative Lighthizer notified Congress of the President’s intent to renegotiate the North American Free Trade Agreement (NAFTA)

How exactly will these negotiations proceed, will the Americans demand a complete overhaul or will they be satisfied with a tweak? Ultimately, only time will tell.