FP – But the U.S. president raises new uncertainties over the fate of the trade deal with Mexico and Canada.
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As widely expected, U.S. President Donald Trump paused his trade war with China at the G-20 summit in Argentina this weekend, halting the imposition of new tariffs for 90 days while the two countries continue talking about the wider irritants in the trade relationship. But Trump also threw a cloud over the future of the new NAFTA, threatening to pull out of the existing three-way North American trade deal altogether if Congress doesn’t ratify the renegotiated accord.






Commentary By
Theodore R. Bromund, Ph.D.@Bromund
Senior Research Fellow in Anglo-American Relations
James Jay Carafano@JJCarafano
Vice President, Kathryn and Shelby Cullom Davis Institute
Brett D. Schaefer
Senior Research Fellow in International Regulatory Affairs
KEY TAKEAWAYS
U.S. accession would provide no benefits not already available to the U.S., while creating unnecessary burdens and risks.
The U.S. does not need to join the convention in order to access oil and gas resources on its extended continental shelf, in the Arctic, or in the Gulf of Mexico.
Despite subsequent changes in 1994 that led the Clinton administration to support U.S. accession, the Trump administration should oppose accession to this treaty.