Speculation is increasing that President Trump will seek to pull the U.S. out of NAFTA, The North American Free Trade Agreement that was created in 1994.

According to a Reuters report, stocks fell this week over these theories.

Either way, the debate over NAFTA is likely to rage on just as it did more than 20 years ago. While many feel that NAFTA tilts the scales against the U.S., the head of the U.S. Chamber of Commerce said that economic gains made through tax cuts and the lifting of business regulations would be undone if the U.S. canceled trade deals, including NAFTA, according to the article.

And for the corporate real estate profession, changes to NAFTA or a complete U.S. withdrawal, will likely affect location strategies, portfolios and labor decisions.

We’ll continue to track this issue and the potential impact on the profession.