The timeframe for North American Free Trade Agreement (NAFTA) renegotiation talks was extended last week as the United States, Canada and Mexico seek alignment on controversial issues surrounding the auto industry, dairy, dispute resolutions and a “sunset clause.”
The sunset clause, proposed by the United States, would prompt the termination of NAFTA every five years if a new endorsement from all three countries is not signed. Talks will resume on Nov. 17 in Mexico City, with additional rounds expected to extend into next year.
The National pork Producers Council and other agricultural groups continue to urge the Trump administration not to withdraw from NAFTA, to maintain zero-duty market access for pork exports to Canada and Mexico and to ensure that pork trade is not disrupted. A U.S. withdrawal from NAFTA would cost the U.S. pork industry $1.5 billion.