signposts with NAFTA United States Darwel iStock Thinkstock

NAFTA nuances could derail discussions

Ross confirms push for five-year sunset clause in NAFTA 2.0; produce industry backs off controversial proposal.

Commerce Secretary Wilbur Ross confirmed that the Trump Administration would like the new North American Free Trade Agreement (NAFTA) agreement to include a provision to automatically terminate the deal after five years, unless the three countries agree to a renewal. The idea is being floated ahead of the third round of NAFTA talks scheduled for Sept. 23-27 in Ottawa, Ont., but has caused concern from those in agriculture.

According to a recap offered by the USA Rice "Capital Update,"

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