Digging up the roots

Renegotiating or withdrawing from NAFTA was one of President Donald Trump’s most popularised election pledges. But while the administration promises renegotiation will make the treaty more beneficial to the US, Timothy Nelson and Gunjan Sharma of Skadden, Arps, Slate, Meagher & Flom LLP’s international arbitration and litigation group say it might end up diminishing the protections investors have come to rely on

Digging up the roots
Timothy Nelson and Gunjan Sharm

In August, representatives of the US, Canadian and Mexican governments met for the first round of renegotiations of the North American Free Trade Agreement (NAFTA). These meetings reflected a campaign position of now-President Trump to seek the renegotiation of the treaty on terms more favourable, in the administration’s view, to the US.



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