U.S. Business Alarmed at Nafta Tension

The video discusses the complexities of the NAFTA renegotiations, highlighting key sticking points such as the automotive rule of origin and the proposed sunset clause. It examines the challenges faced by Canada and Mexico in accepting U.S. demands and questions whether the rhetoric from President Trump is merely campaign talk or indicative of firm policy positions. The video also explores the dynamics of large-scale negotiations, emphasizing the inevitability of encountering significant challenges and the potential for resolution or failure.

What was Prime Minister Trudeau hoping to achieve from his meeting with President Trump regarding NAFTA?

• A public commitment to NAFTA negotiations

• An increase in trade tariffs

• A new trade agreement with Europe

• A reduction in automotive tariffs

What is the proposed change to the automotive rule of origin in the NAFTA negotiations?

• Decrease to 50% with no US requirement

• Increase to 90% with 60% from the US

• Increase from 62.5% to 85% with 50% from the US

• Maintain at 62.5% with 30% from the US

What is the sunset clause proposed in the NAFTA renegotiation?

• NAFTA would be reviewed every ten years

• NAFTA would expire every five years unless renewed

• NAFTA would be terminated after ten years

• NAFTA would automatically renew every five years

What is one of the concerns related to the sunset clause in NAFTA?

• It could lead to frequent renegotiations

• It would reduce government procurement opportunities

• It would eliminate dispute settlement provisions

• It would increase tariffs on all goods

What is a key question regarding the US's stance in the NAFTA negotiations?

• Whether the US will increase tariffs on Canadian goods

• Whether the US positions are firm or open to negotiation

• Whether the US will withdraw from NAFTA immediately

• Whether the US will form a new trade agreement with Mexico