Canada, Mexico caution that U.S. ‘sunset clause’ proposal for NAFTA just an idea
MEXICO CITY— The leaders of Canada and Mexico joined forces Thursday to combat the idea that an aggressive U.S. demand during the NAFTA negotiations could tank the deal.
The latest potential poison pill came in the form of a U.S. proposal for a sunset clause, which would see any new North American Free Trade Agreement terminated after just five years. The current deal has been in place for over two decades.
But both Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto said the proposal remains just that, an idea, and it will be discussed just like everything else on the table.
“We will continue to take very seriously the work we do and we will not be walking away from the table based on proposals put forward,” Trudeau said at a joint news conference with Pena Nieto.
Pena Nieto suggested that while observers have made predictions that certain proposals could tank the talks, that’s only speculation.
“I would not pay much attention to any statements other than that which happens (at) the negotiation tables,” he said, according to an English translation of his remarks.
Pena Nieto indicated he was paying attention to a suggestion from President Donald Trump on Wednesday that should NAFTA talks fail, bilateral deals could be negotiated instead.