Since coming to office, U.S. President Donald Trump has made no bones about his desire to comprehensively refashion Washington’s trade deals. But while more prominent deals such as the North American Free Trade Agreement have grabbed the most attention, a pact that brings together the United States and some Central American countries and the Dominican Republic has largely flown under the radar. Recent rumblings from Central America and U.S. lobbyists, however, suggest that the Central American-Dominican Republic Free Trade Agreement (CAFTA-DR) ultimately may end up in the Trump administration’s sights. The U.S. government’s preoccupation with other trade deals might preclude any move by Washington to alter CAFTA-DR before Trump’s current tenure ends, but the administration could open talks on the pact, pursuing both changes to trade and demanding that area countries enact more robust security measures….
Source link : https://worldview.stratfor.com/article/washington-may-draw-bulls-eye-central-american-trade-pact
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Publish date : 2018-02-15 03:00:00
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