The United States is seeking to insert a so-called sunset clause into a new NAFTA, a controversial proposal that would automatically terminate the agreement after five years unless all three member countries agree to extend it.
That idea has been quietly floated for months by U.S. officials who finally made it public Thursday.
It prompted swift resistance.
Canadian and Mexican officials brushed it off almost as soon as it was publicly revealed, calling it a bad idea that would create economic instability and scare businesses away from long-term investments.
The priority was announced by Donald Trump’s commerce secretary, Wilbur Ross. He confirmed the U.S. will seek some automatic-termination clause to ensure the agreement can be constantly re-evaluated and improved.
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By Alexander Panetta / The Canadian Press. Read the whole article at CBC