Oct 05, 2018
By Michael Kramer
China says a controversial new clause in the replacement for NAFTA – amounts to an act of political dominance by the United States.
The Chinese Embassy in Ottawa has issued a scathing statement – on the clause in the United States-Mexico-Canada Agreement that calls on the parties to notify each other – if they enter into trade talks with a so-called “non-market” economy.
While the clause does not mention China specifically, some argue it gives the Americans a veto – over Canada and Mexico pursuing free trade with the world’s second-largest economy.
Beijing is currently engaged in a bitter trade battle with the Trump administration.