Lighthizer on NAFTA
Sunset clause will shift to a review process every six years that will not cause trade pact to expire
NAFTA will have 16 year life span, to be extended for another 16 years after completion of each 6-year review
Mexico agrees to eliminate Chapter 19 dispute resolution settlement
Hopes Canada will sign on this week
Section 232 steel and aluminum tariffs on Mexico aren't lifted
Plan will not cap imports of light vehicles from Mexico
Lighthizer is still calling it NAFTA, guess he didn't get the memo.
