Sec. Ross Says Canada, Mexico Open to Renegotiate Nafta

Sec. Ross Says Canada, Mexico Open to Renegotiate Nafta

Assessment

Interactive Video

Business

University

Hard

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The video features Wilbur Ross discussing trade negotiations under the Trade Promotion Act, focusing on the maturation of the 90-day letter and upcoming meetings with China. It highlights the need for NAFTA renegotiation due to its outdated provisions, especially in the digital economy and financial services. The discussion also covers currency manipulation, with Ross clarifying that neither Canada nor Mexico is considered a manipulator, and the potential strengthening of their currencies post-NAFTA renegotiation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes have occurred in Mexico's regulations regarding natural resources since NAFTA was negotiated?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact on the Canadian and Mexican currencies after the new NAFTA is established?

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OFF