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FILE PHOTO: Mexico's Economy Minister Guajardo, Canada's Foreign Minister Freeland and U.S. Trade Representative Lighthizer arrive for a meeting during the third round of NAFTA talks in Ottawa Thomson Reuters President Donald Trump's administration has reignited talk of trade wars after announcing a new round of steel and aluminum tariffs targeting several US allies.
With US-led trade skirmishes opening up on multiple fronts, it’s natural to wonder if the North American Free Trade Agreement (NAFTA) is in jeopardy. Here, Franklin Templeton Multi-Asset Solutions’ Stephen Lingard explains why he thinks NAFTA is not likely to be canceled—at least not outright. As 2018 has progressed, we’ve seen global trade conditions continue to deteriorate.
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