WSJ – CEOs Urge Donald Trump to Limit Scope of Nafta Changes to an ‘Update’

PCV notes that President Trump has at times vacillated between calling for a tweak or a tear-down of the landmark agreement. Progress on NAFTA will likely signal the administration’s plan for approaching trade in other regions.

May 25, 2017

‘A group of top CEOs has a message for President Donald Trump : Move quickly on an update of the North American Free Trade Agreement but don’t mess with the underlying structure.

In a letter to the White House, the top executives of 32 major companies emphasized the benefits they currently get from Nafta. However, they said, they are willing to work with the administration on a “modernization” of the deal that keeps its three-way structure with Mexico and Canada, rather than on an overhaul that starts from scratch.’

Read the Full Story