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U.S. demands steep concessions in NAFTA talks; Trump disbands business councils

On the opening day of NAFTA talks in Washington, U.S. President Donald Trump’s trade representative Robert Lighthizer said the Trump administration will demand steep concessions from Canada and Mexico, including a U.S.-content requirement for cars and trucks made in the free-trade zone. Lighthizer’s opening speech served notice that the U.S. won’t accept the Canadian and Mexican strategy of turning the NAFTA talks into an exercise of simply updating the current deal to cover the digital economy.

Read more at The Globe and Mail

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