Mexico to seek deal with Canada

Mexico to seek deal with Canada

After backing off a self-imposed deadline several weeks ago, US President Donald Trump has said that Canada must sign a deal with the US and Mexico by September 30.

Canada and the United States showed scant sign of being close to striking a deal on revamping the trilateral NAFTA that underpins $1.2 trillion in annual trade , as Canadian sources played down talk of a US quota on autos.

While multiple deadlines have been and gone during the more than year-long negotiations to renew NAFTA, pressure on Canada to agree to a deal is growing, partly to push it through Congress before Mexico’s new government takes office on December 1. But if they don’t we’ll just move ahead with Mexico and we’ll get Canada fixed a little bit later.

Washington reached a bilateral trade deal with Mexico in late August and is threatening to exclude Canada if need be.

Despite weeks of negotiations, however, Canada and the USA have not been able to reach an agreement.

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Asked for a reaction to Hassett’s comments, a Freeland spokesman pointed to her repeated comments that Canada "will not be driven by a deadline but by reaching a good deal".Canada has objected to the Trump administration’s request to allow tariffs on Canadian auto imports, […]

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