SINGAPORE (Oct 29): Inserted by the US and locked deep down in Chapter 32 of the renegotiated North American Free Trade Agreement is a poison pill. It gives the US veto rights over Canada’s and Mexico’s signing of free trade deals with China, although the language is couched in terms of “non-market’ economies as defined by the US. It is actually more than a veto, as any China deal would invalidate the new Nafta, allowing the US to unilaterally walk away.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply