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U.S. wants 5-year 'sunset clause' in NAFTA


The Canadian Press</span>
Published Thursday, September 14, 2017 1:20PM EDT
Last Updated Thursday, September 14, 2017 1:29PM EDT

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

Wilbur Ross, U.S. President Donald Trump's commerce secretary, says the constant threat of termination would force a permanent, systematic re-evaluation of the deal.

He says he and the U.S. trade czar agree that the new NAFTA should include such a termination.

Ross made the remarks at a summit organized by the website Politico, which first reported news about the U.S. pushing for a sunset clause.

He says it's unclear whether Canada and Mexico, the other NAFTA countries, will go for the idea.

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

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