(Adrian Morrow – Globe & Mail)
President Donald Trump’s overhauled trade deal with Canada and Mexico is facing growing resistance in the U.S. Congress, threatening a protracted battle over the future of $1-trillion worth of annual continental commerce.
The largest business lobby in the United States is planning a court challenge if Mr. Trump tries to terminate NAFTA to pressure legislators to ratify the pact’s replacement, the U.S.-Mexico-Canada Agreement, said three sources with knowledge of the closed-door strategizing.
The U.S. Chamber of Commerce is one of several business, agricultural and advocacy groups looking to sue the Trump administration if he triggers the North American free-trade agreement’s withdrawal process, said the sources, who were granted anonymity by The Globe and Mail because they were not authorized to speak publicly on the matter. Such legal action would assert that the U.S. President does not have constitutional authority to pull the country out of a trade deal without Congress’s approval. Click here to read more.
- Sherrod Brown Sends Regrets (Wall Street Journal)
- NAFTA 2.0: A Deal With Many Names and a Murky Future (Globe & Mail)
- ‘It’s Going to be a Mess’: Confluence of Challenges Threaten New NAFTA Vote (Financial Post)