U.S. NAFTA Proposal Met With Opposition By Restaurants, Retailers

NAFTA

Retail, restaurant and agriculture groups met the latest U.S. NAFTA modernization proposal with opposition this week.

The groups are expressing concerns about the reworked trade agreement, saying it could be damaging to U.S. businesses and consumers, Reuters reports.

President Donald Trump signed an executive order calling for the renegotiation of NAFTA within his first week in office and has openly called the agreement the “worst trade deal in history,” blaming it for a loss of American jobs.

But the groups worry the latest propositions could open the door to allow U.S. seasonal produce growers to file anti-dumping cases against Mexico, a measure some fear could lead to retaliation against American producers of avocados, tomatoes and other food typically imported from Mexico, Reuters reports.

The country has already threatened to walk away from renegotiation talks if the U.S. tries to impose tariffs on Mexican products.

According to Reuters, 26 U.S. agriculture groups sent a letter to U.S. Commerce Secretary Wilbur Ross, Trade Representative Robert Lighthizer, Agriculture Secretary Sonny Perdue and Gary Cohn urging American negotiators to drop the fresh produce proposal because there are too many risks associated with it.

NAFTA talks resumed this weekend in Mexico.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Proposed EPA Rule Change Could Cut Months From Timelines Of Projects Near Wetlands

Rates, Rents And AI Risks: Peter Linneman's Warning For CRE

Heitman, Andover Target Self-Storage With New Investment JV

U.S. Multifamily Market Regaining Its Balance As Yearslong Supply Wave Tapers Off

Clarion Hires Prologis Executive To Lead Power Strategy

Why Data Centers Need To Embrace 'Responsible Resiliency'

The Bridge-To-Bridge Bet Is Holding Off CRE's 'Day Of Reckoning' — For Now

Augmentation, Not Replacement: How AI Platforms Are Streamlining Front Desk Teams

Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley

Success Of Top-Tier Malls Masks Enduring Distress In Sector's Underbelly

HUD Launches Investigation Into Wells Fargo's Efforts To Support Black Homeownership

Delaware Statutory Trust Fundraising Jumps 27% From 2025