Last week, there was a series of media reports about the President’s intent on the North American Free Trade Agreement (NAFTA).
It was first reported that he was planning to pull out, but after outrage among Congressional Republicans and the business community – and calls with his Canadian and Mexican counterparts – the President stepped back to say that it is his intent to modernize and improve the existing agreement rather than pursue a wholesale renegotiation. Not widely reported was the timing: first, the Administration is waiting until U.S. Trade Representative-designate Robert Lighthizer is confirmed, which is expected in the next week or two. Second, the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 – which granted the President with trade promotion authority to negotiate deals that would face only an up or down vote – set out a very prescriptive guide to consultations between the Administration and Congress throughout the negotiation process, including a 90-day advance notice about withdrawing from an existing agreement.
Once we have a clear sense of the path forward on NAFTA, ISRI will finalize an advocacy strategy in close consultation with members and partner organizations in Canada and Mexico to defend recyclers’ interest while also potentially create new opportunities.
Questions regarding NAFTA can be directed to Adina Renee Adler.