Grim reality of NAFTA talks sets in after tough U.S. demands

[Sanguine]

Reuters News
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Posted: Oct 14, 2017 6:29 PM

By Dave Graham and David Lawder

ARLINGTON, Va. (Reuters) - Negotiators from Canada and Mexico grappled with U.S. demands to drastically alter the North American Free Trade Agreement on Saturday, as talks over renewal of the pact vilified by President Donald Trump ran through a fourth straight day.

Some downcast participants said the demands, unveiled this week in line with Trump's "America First" agenda, have increased the odds of NAFTA's demise. At the very least, they could make it impossible to reach a deal renewing the treaty before a year-end deadline.

"The atmosphere is complicated," one trade official told reporters, adding that his fears about some "pretty harsh, pretty horrible" demands from the U.S. side of the negotiating table were coming true....

https://townhall.com/news/us/2017/10/14/grim-reality-of-nafta-talks-sets-in-after-tough-us-demands-n2395214

[Frank Cannon]

One of the U.S. proposals unveiled this week would require that 50 percent of the value of all NAFTA-produced cars, trucks and large engines come from the United States, people briefed on the negotiations said.

Yeah. How harsh and horrible.

[Sanguine]

Very harsh, indeed.