WASHINGTON (Sputnik) — Ross said in an interview the president administration would like to send a letter triggering the 90-day countdown to opening-up the NAFTA renegotiation.
"We need permission of… two [Congressional] committees to send the formal letter, which is what triggers the 90 days period," Ross stated on CNBC. "We’re hopeful that that will happen before the spring recess."
28 February 2017, 16:06 GMT
On January 23, US President Donald Trump promised to renegotiate (NAFTA). During his presidential campaign, Trump often criticized and pledged to repeal NAFTA unless the agreement was renegotiated in a way that would prove more favorable to the United States.
NAFTA was signed by the United States, Mexico and Canada in 1994 to facilitate the trade between the three countries.
