MEXICO CITY―The US, Mexico and Canada dive into the details of revamping the North American Free Trade Agreement at a second round of talks Friday, amid threats from President Donald Trump to ax the deal. But Mexico, which sends 80 percent of its exports to the United States, has dismissed Trump’s threats as posturing. Most experts now say Nafta is likely to survive with modest changes―though with Trump, nothing is certain, they warn. Some 14 million US jobs depend on trade with Mexico and Canada, according to the US Chamber of Commerce. Even proponents admit the deal, signed before the rise of cell phones and the internet, is ripe for an update.

Source: The Standard September 01, 2017 12:11 UTC