Canada is facing another USA deadline to make a deal: the end of the month. It is possible that Congress, which strongly prefers an agreement involving Canada, would allow Canada to be added to the U.S. -Mexico text at a later date.
Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top USA official said on Tuesday.
"We’re certainly not going to give up", he said.
"If we push it beyond that day then we have a new negotiation with [incoming president] Lopez Obrador and that’s. we don’t know where that would go at all".
MacNaughton, speaking Wednesday in Toronto, said Canada wants to reach a deal that Trump can hail as a victory but nevertheless has red-line issues, including the need for dispute panels and protection from tariffs.
Lopez Obrador’s election platform had a nationalist bent. But there is little chance of a last-minute deal, according to a senior administration official, who asked for anonymity to discuss confidential talks.
"The best foreign policy is domestic policy", Lopez Obrador has said several times publicly. Under U.S. trade rules, the Trump administration was given authority to negotiate a three-way deal. Both economies depend heavily on USA customers, with Mexico sending about 80 percent of exports to the United States and Canada sending about 75 percent. "Hopefully, we’ll end up with something with Canada". How to watch today’s Premier League football online […]
Exosomes are the Next Frontier in Regenerative Medicine. Combining the power of stem cells and exosomes is a major breakthrough in the healing & treatment of sports injuries, arthritis, neurological issues, COPD, anti-aging, facial rejuvenation, hair restoration and many chronic degenerative conditions. Read More