September 14, 2017
The U.S. wants to negotiate a NAFTA deal that automatically expires after 5 years, commerce secretary says

Wilbur Ross, Donald Trump’s commerce secretary, on Thursday said the U.S. would seek a so-called sunset clause in NAFTA negotiations. The clause would terminate the deal after five years, unless the three countries agreed to extend it.

WASHINGTON—The United States is seeking to insert a so-called sunset clause into a new NAFTA, which would terminate the agreement after five years unless the three member countries agree to extend it.

Wilbur Ross, Donald Trump’s commerce secretary, confirmed the news Thursday, saying the constant threat of termination would force a permanent re-evaluation of the agreement and require countries to keep improving it.

“(It) would force a systematic re-examination,” Ross told a forum organized by the website Politico.

“You’d have a forum for trying to fix things.”

He said he and the U.S. trade czar, Robert Lighthizer, agree on the idea. Ross made his remarks after being asked about a report on the idea by Politico and he publicly confirmed the report.

But he said it’s unclear whether Canada and Mexico, the other NAFTA countries, would accept the proposal.

He said he wants a deal by the end of the year and would rather not terminate the agreement as Trump has threatened.

Ross said it will become harder to get a deal after this year for four reasons: Next year, the U.S. fast-track law needs to be re-affirmed in Congress, the U.S. has congressional elections, Mexico has presidential elections and Canada has provincial elections.

Ross said the president is serious when he threatens to cancel NAFTA.

“It’s a very real thing,” he said.

“But it is not the preferred option.”

Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Meet Queen Elizabeth II's Hunky Grandnephew Arthur Chatto
January 16, 2021
Rrd3p6_aAkQ
Archie Lyndhurst's Cause of Death at Age 19 Revealed
January 16, 2021
mf_pqB3oQYc
Prince Harry Is "Heartbroken" Over Royal Family Estrangement
January 16, 2021
sDhziu0ihGA
Andrew Zimmern Says Prisoners Need Better Food, Even Capitol Rioters | TMZ
January 16, 2021
sbz0nx1qST0
L.A. County Supervisor Enraged Clinics Throw Unused Vaccines in the Trash | TMZ
January 14, 2021
Upzfh-nEbq0
Drake Returns To Working Out, Looks Great! | TMZ TV
January 14, 2021
JlKeaD2mjoA
Kevin Feige on 'WandaVision' And The Future of The Marvel Cinematic Universe on Disney Plus
January 17, 2021
9AzttR4LaWg
'Promising Young Woman' Ending Analyzed By Carey Mulligan And Emerald Fennell
January 17, 2021
Rhj2RmWVup4
Golden Globes 2021: Best Drama Series
January 13, 2021
TrTjbEY6VQU
Mario Lopez, Tiffani Thiessen react to Dustin Diamond’s cancer diagnosis | Page Six Celebrity News
January 15, 2021
x4Hz209X0eg
Why 'Bling Empire' stars were skeptical to join the Netflix reality series | Page Six Celebrity News
January 15, 2021
3oHt4Cqr1J0
Bella Thorne defends Armie Hammer against allegations | Page Six Celebrity News
January 15, 2021
W0-pu9wJVkE
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
17
Jan
ITALY: Serie A
Inter Milan - Juventus
17
Jan
ENGLAND: Premier League
Liverpool - Manchester United
17
Jan
ENGLAND: Premier League
Sheffield United - Tottenham Hotspur
17
Jan
ENGLAND: Premier League
Manchester City - Crystal Palace
17
Jan
GERMANY: Bundesliga
Bayern Munich - SC Freiburg
17
Jan
ITALY: Serie A
Napoli - Fiorentina
17
Jan
GERMANY: Bundesliga
Eintracht Frankfurt - Schalke
17
Jan
ITALY: Serie A
Atalanta - Genoa
17
Jan
ITALY: Serie A
Crotone - Benevento
17
Jan
ITALY: Serie A
Sassuolo - Parma
16
Jan
GERMANY: Bundesliga
Borussia Dortmund - Mainz
16
Jan
ENGLAND: Premier League
Fulham - Chelsea
16
Jan
ENGLAND: Championship
Barnsley - Swansea City
16
Jan
ENGLAND: Premier League
Leicester City - Southampton
16
Jan
ITALY: Serie A
Sampdoria - Udinese
15
Jan
ITALY: Serie A
Lazio - Roma
14
Jan
ENGLAND: Premier League
Arsenal - Crystal Palace
13
Jan
ENGLAND: Premier League
Manchester City - Brighton
13
Jan
ENGLAND: Premier League
Tottenham Hotspur - Fulham
13
Jan
GERMANY: National cup
Holstein Kiel - Bayern Munich
12
Jan
ENGLAND: Premier League
Burnley - Manchester United
12
Jan
SPAIN: La Liga
Atletico Madrid - Sevilla
10
Jan
ITALY: Serie A
Roma - Inter Milan
10
Jan
ITALY: Serie A
Juventus - Sassuolo
10
Jan
ITALY: Serie A
Udinese - Napoli
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
zWJ3MxW_HWA L1eLanNeZKg i1XRgbyUtOo -g9Qziqbif8 0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k
Copyright © 2020 Feedimo. All Rights Reserved.