Why a NAFTA collapse isn’t such a scary prospect to many of America’s CEOs

Last year, only 43 per cent of imports from Canada came into the U.S. under NAFTA rules.James MacDonald/Bloomberg

In describing what life would be like without NAFTA, some business groups have stopped just short of predicting a plague of locusts.

Listen to American CEOs, though, and the potential collapse of the continent’s trade framework doesn’t sound quite so scary.

As talks on reshaping the pact drag into a seventh month, executives are getting asked — on earnings calls and at conferences — how their businesses would fare in the event of a breakdown. Words like “well-positioned” and “manageable” keep cropping up in their answers.

Leave a Reply

Your email address will not be published. Required fields are marked *