By: REUTERS STAFF- MEXICO CITY (Reuters) – The U.S. Chamber of Commerce urged the Trump administration on Tuesday to moderate its stance in the renegotiation of the North American Free Trade Agreement, describing some of Washington’s demands as “poison pill proposals” that could doom the talks.
Thomas Donohue, the chamber’s president and chief executive, will raise a red flag about the progress of the negotiations, according to advance excerpts of a speech he was due to make in Mexico City on Tuesday morning.
The group has argued repeatedly in recent weeks that NAFTA is critical to U.S. industries such as agriculture and manufacturing.
“There are several poison pill proposals still on the table that could doom the entire deal,” Donohue said in remarks to be delivered at an event hosted by AmCham Mexico. “All of these proposals are unnecessary and unacceptable.”
The U.S. Chamber did not specify what the most contentious proposals were in the excerpts of the speech, but a number of thorny issues have been highlighted by the Mexican and Canadian governments and the U.S. private sector in recent weeks.
Read full article here