Trump announces U.S.-Mexico trade deal to replace NAFTA, says Canada can be part of it

August 27, 2018

U.S. President Donald Trump announced a new trade agreement with Mexico Monday that he says will replace the North American Free Trade Agreement.

Will Canada can be part of it? "We'll see," Trump said, suggesting that if Canada is prepared to negotiate fairly it should be simple. He said the U.S. would put automotive tariffs on Canadian imports if talks don't succeed.

Foreign Affairs Minister Chrystia Freeland is now on her way to Washington to join the talks.

Trump said the name NAFTA has a "lot of bad connotations to a lot of people" and suggested renaming the agreement the U.S.-Mexico free trade agreement.

While he was speaking to reporters in the Oval Office, he had Mexican President Enrique Pena Nieto on speakerphone. ...Pena Nieto emphasized repeatedly that Canada now needed to join the talks so it could be incorporated into the agreement. The Mexican president said that negotiations are now required on "sensitive" bilateral matters between the U.S. and Canada...

This was excerpted from 27 August 2018 edition of the CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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