Talks near Washington D.C. resumed between the United States, Mexico, and Canada last week regarding the renegotiation of the North American Free Trade Agreement (NAFTA). Canadian Prime Minister Justin Trudeau sat down with President Trump in the Oval Office near the NAFTA talks, where Trump told reporters that it’s possible a deal to save NAFTA could be struck. However, he also alluded to the U.S. potentially pulling out of the deal altogether, according to the New York Times. President Trump has talked about pulling the U.S. out of the treaty since the campaign trail, and last week’s NAFTA talks seemed to continue his hard line.
NAFTA and the TN visa
The North American Free Trade Agreement (NAFTA) has been in place since 1994 and represents an agreement in trade and employment between Mexico, Canada, and the United States. Certain workers from Canada and Mexico are eligible for employment in the U.S. through the TN visa, and similar visas exist in the other countries for American workers.
The TN visa is highly valued because there is no cap and no max-out date specified for the TN visa, unlike other work visa types in the U.S.
U.S. not budging in NAFTA talks
President Trump continues to threaten that the United States could potentially drop out of NAFTA sometime in the near future. Should this be the case, the TN visa, and its benefits for companies and workers in the U.S., Mexico, and Canada could be in jeopardy.
Despite hesitation from Trump and uncertain terms, Canada and Mexico are both committed to a deal, according to Fortune. Many believe that the agreement could be salvaged with a few concessions on the part of the U.S. and an update of the terms decided decades ago.
For a comprehensive overview of NAFTA and the TN visa, watch our on-demand webinar here.