Trade Lawyer Tells Companies to Prepare for no NAFTA

A trade lawyer in the U.S. says companies should start contingency planning amid trade uncertainty.  Dan Ujczo, an international trade lawyer specializing in Canada-U.S. matters, told Canada's Globe and Mail newspaper that growing uncertainty over the future of NAFTA means companies need to brace themselves, including for the possibility that President Trump walks away from a deal.  The trade expert says companies involved in trade, including agriculture, need to "understand this is very real," regarding the potential of no NAFTA agreement.

In echoing his comments made a month ago, Ujczo said there are some practical matters to consider, such as looking at the supply chain to determine how exposed a business would become if some of the tougher proposals, such as stricter rules of origin for the materials used in auto manufacturing, come to pass.

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