Quick Deal on Revised Nafta Is Possible, Former USTR Froman Says
- Accord based on TPP pact might win over Canada, Mexico: Froman
- Says U.S. negotiators need to be sensitive to Mexican politics
Workers package bottles of Patron Spirits Co. brand Silver Tequila at the company's distillery in Atotonilco El Alto, Jalisco, Mexico, on Tuesday, April 4, 2017.
Photographer: Hector Guerrero/BloombergThe U.S. could renegotiate the North American Free Trade Agreement by early next year if it sticks to seeking concessions that Mexico and Canada agreed to make in past accords, said former President Barack Obama’s top trade negotiator.
The U.S. may be able to convince its Nafta partners to sign a deal that looks similar to the Trans-Pacific Partnership, said Michael Froman, who was U.S. Trade Representative until President Donald Trump took office in January. Froman negotiated the TPP pact linking the U.S. and 11 other nations, which Trump formally withdrew from in January, days after taking office and before Congress voted on it.