Economics
America’s Original Nafta Negotiator Says Trump Can Improve Deal
- Former trade representative Hills sees opportunity in energy
- ‘There are a lot of things that would enhance’ Nafta deal
Wilbur Ross: Nafta Logically First Thing to Deal With
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The U.S. dealmaker who negotiated the North American Free Trade Agreement said Donald Trump shouldn’t destroy the pact, but expand it to embrace more industries.
Trump can score a victory for America by opening up opportunities in the energy industry, which was largely kept out of Nafta talks in the 1990s, said Carla Hills, who led negotiations for then-President George H. W. Bush. The Mexican constitution, which at that time limited oil exploration and production to state-owned Petroleos Mexicanos, was changed in 2013 to attract U.S. firms like Exxon Mobil Corp. and Chevron Corp.