Optimism mounts for an imminent NAFTA deal

Posted October 01, 2018

He also indicated having had a telephone conversation on Thursday with the canadian Prime minister, Justin Trudeau, who once told him that "the negotiation was very hard, and that perhaps it would not be possible" to find a compromise.

Among other things, the negotiators are battling over Canada's high dairy tariffs. A USTR spokesman declined comment on the timing.

"Most of the big issues are solved with Canada", Navarro said, adding it would be "a great deal for all three countries".

Mexico sees a quick agreement between the United States and Canada on the reform of the treaty of free trade in north america Nafta, already renegotiated between Mexico city and Washington.

"We're not getting along with their negotiators", Trump said Wednesday of Canada.

A senior Canadian government official said they are making progress in the talks but said it's not certain that they will reach a deal soon.

Queries to Canadian officials and the U.S. Trade Representative's office to verify the U.S. proposal were not immediately answered. He said he's optimistic the USA and Canada can reach a deal.

Carolina Panthers sign Eric Reid, who knelt with Colin Kaepernick during anthem
Reid is now involved in a lawsuit against the NFL. "He deserves it and it's not right what's happened to him". Kaepernick added that Reid is an "all pro safety who should have been signed the 1st day of free agency".

President Donald Trump said Wednesday that he rejected a one-on-one meeting with Canadian Prime Minister Justin Trudeau over the trade dispute involving the North American neighbors and renewed his threat to slap tariffs on cars imported from Canada as negotiations drag on.

Negotiations for a new North American Free Trade Agreement are again at a critical point as the clock ticks down on Sunday night's USA deadline to file the text of a bilateral deal with Mexico.

The text will flesh out an agreement in principle reached by the United States and Mexico on August 27 that aims to rebalance automotive trade between the two countries and modernize the almost 25-year-old NAFTA with new chapters on digital trade, stronger labor and environmental standards. Even though Canada and the US are at loggerheads, negotiations may continue.

So-called Chapter 19 dispute panels, which the USA wants to eliminate from Nafta and which Canada wants to preserveAn exemption for cultural sectors which Canada wants to preserveThe use of Section 232 investigations to apply tariffs to steel, aluminum, and potentially autos.

After meeting with U.S. Trade Representative Robert Lighthizer this week, both Democrats and Republicans in Congress said they doubted an agreement excluding Canada would be approved, according to several reports.

The release of the trade deal text starts a months-long process for US congressional approval that will require a lengthy analysis by the independent USA global Trade Commission and notification periods before an up-or-down vote. He was asked twice if he'd quit the current NAFTA pact, and didn't say. The United States has said Mexico agreed to eliminate a system of settlement panels to arbitrate disputes over anti-dumping and anti-dumping tariffs. They only said they didn't request a formal meeting.

"Canada wants some assurances going forward that the president will not continue to use this, after we sign an agreement, to harass our industries simply because he's mad at our prime minister", the president of the Canadian Labour Congress told BNN Bloomberg television Thursday.

Recently in Economy