President Trump has stated that “we’ll end up probably terminating Nafta at some point”, casting a pall over the next round of negotiations. It returns to a stance stated in both late July and during April. It likely reflects a reminder to Mexico and Canada that the U.S. is serious about wanting clear concessions from the deal, rather than a core scenario. The key “non-goods” area of debate appears to be in dispute settlement, where the U.S. wants a voluntary opt-in for investor-state issues. A solution is needed urgently – changes to trade law have to be notified to Congress six months ...