Skip to main content

Canadians see possible signal U.S. ready to accept NAFTA compromise

American trade officials are showing newfound interest in a Canadian proposal for revamping NAFTA's automotive provisions as the U.S. seeks to swiftly conclude renegotiations of the continental free trade pact.

And that's being taken in some quarters as a sign that the U.S. may realize it will have to settle for making only modest progress on a handful of American demands if there's to be any hope of concluding a deal within the next few weeks.

At the conclusion of the last round of negotiations in Mexico earlier this month, U.S. Trade Representative Robert Lighthizer said "time is running very short" to get a deal before "political headwinds" — Mexico's presidential election in July, American midterms in November and provincial elections in Ontario and Quebec — start to complicate matters.

This was excerpted from the 19 March 2018 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.