Ministers to Discuss TPP at APEC

The video discusses the expectations and challenges surrounding the renegotiation of NAFTA, emphasizing the need for a trilateral agreement involving Canada, Mexico, and the United States. It highlights the necessity to update NAFTA to reflect modern economic realities, such as the digital economy and intellectual property developments. The potential influence of the TPP on NAFTA is also explored, with industry pressures in the U.S. pushing for the adoption of TPP elements. The video concludes by addressing the timeline and unpredictability of the negotiations, noting the negative impact of uncertainty on business investments.

What impact does uncertainty in negotiations have on business according to the speaker?

What is the speaker's hope regarding the timeline for completing the negotiations?