The ongoing NAFTA negotiations between the U.S., Canada and Mexico are hot on everyone's minds, including BlackBerry (BBRY) CEO John Chen.

"If we do it wrong, it could mean higher prices [for IP] for consumers," Chen told TheStreet in an interview. Chen explained the talks have been "quite noisy" so far, and the prospect of higher prices are "troublesome." BlackBerry has a particular stake in the game seeing as it's headquartered in Waterloo, Canada. Higher prices on its products could stunt demand for BlackBerry and indirectly impact the company's workforce in Canada, and elsewhere.

The Trump administration has called for big changes to NAFTA that many watchers think will be difficult to pass.

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