Hopes Are Fading Regarding a New NAFTA Agreement in 2018

Hopes are fading for a successful rewrite of the North American Free Trade Agreement (NAFTA), at least for this year. Negotiators representing the three countries reportedly appear too far apart to reach a deal before a self-imposed deadline of this week. The geo-political landscape is indeed more tense across many regions, and the reality of globally-extended supply chains remains subject to added risk, cost, or other factors for weeks and possibly months to-come.

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