{"id":463,"date":"2021-11-22T05:54:34","date_gmt":"2021-11-22T05:54:34","guid":{"rendered":"https:\/\/wordpress-596623-2274183.cloudwaysapps.com\/?p=463"},"modified":"2021-11-22T05:54:34","modified_gmt":"2021-11-22T05:54:34","slug":"lighthizer-bungled-new-nafta-while-trump-damaged-us-canada-relations-former-us-ambassador","status":"publish","type":"post","link":"https:\/\/www.thinkfinanceinc.com\/lighthizer-bungled-new-nafta-while-trump-damaged-us-canada-relations-former-us-ambassador\/","title":{"rendered":"Lighthizer ‘bungled’ new NAFTA, while Trump damaged US-Canada relations: former US ambassador"},"content":{"rendered":"\n
While the trade spat between China and U.S. takes center stage the future of the United States-Mexico-Canada Agreement (USMCA) is in jeopardy.<\/p>\n\n\n\n
In an interview with Yahoo Finance\u2019s On The Move, former U.S. Ambassador to Canada Bruce Heyman blamed Robert Lighthizer, the United States Trade Representative.<\/p>\n\n\n\n
\u201cI think USTR actually bungled this,\u201d Heyman said, adding that if the Trump administration had managed their calendar properly the USMCA would have been passed in Congress by now. \u201cThe problem is that they kicked the can down the road. They were being hostile toward the Canadians and the Mexicans alike. And the deal got signed late,\u201d he said, noting that the deal should have been signed in early 2018, the latest. \u201cSo, now he has to face the Democratic Congress.\u201d<\/p>\n\n\n\n
Another challenge facing USMCA, Heyman pointed out, \u201cunder TPA [Trade Promotion Authority], this negotiating strategy which was given to the administration by Congress, it requires consultation \u2014 consultation with Democrats, consultation with unions, consultation with stakeholders. They didn’t do that either. So now they have an agreement that’s all signed off, and they’re trying to push it through and get it passed.\u201d<\/p>\n\n\n\n
The issue with facing a Democratic Congress is that the majority in the House of Representatives and Speaker Nancy Pelosi are against bringing the agreement for a vote until they\u2019re able to enforce the deal.<\/p>\n\n\n\n