The administration of President Donald Trump may be set to renegotiate the CAFTA-DR free trade deal with six Central American countries. It would be principally looking to remove the Dominican Republic, El Salvador and Nicaragua for failing to deliver on political reforms. The administration has yet to apply for Trade Promotion Approval authority and so won’t be able to start negotiations straight away. Doing so would be transformative for the deal given the three countries targeted accounted for 43.4% of total trade by the U.S. with CAFTA-DR group. A complete renegotiation could have a ...
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