The Globe and Mail reports, "The Trump administration is pushing for a 'sunset clause' in the North American free-trade agreement that would automatically kill the deal after five years unless all three sides agreed to keep it in place."
The article highlights, "Canada and Mexico immediately rejected the idea, arguing that it would create unnecessary uncertainty for businesses, which would not want to make investments without reassurance that market access between the three countries is here to stay. Such a provision, if inserted into NAFTA, would all but guarantee that the current trade-related drama would play out in the United States again in five years' time."
David MacNaughton, Canada's ambassador to the U.S., says, "Not to try to make light of it, but if every marriage had a five-year sunset clause on it, I think our divorce rate would be a heck of a lot higher than it is right now. The best thing you can do in these things is to try to have goodwill and try to work through tough times rather than set an arbitrary date."