Trump, NAFTA and Global Trade | US & Canada


US President Donald Trump tweeted on Saturday there was no need to include Ottawa in any new NAFTA trade deal.

Trudeau worked the phones Saturday in the aftermath of Friday's deadlocked trade negotiations with Washington.

USA and Canadian negotiators worked throughout the week on adding Canada to Friday's notice, but the negotiations failed to produce an agreement ahead of Mr Trump's own Friday deadline. If we don't make a fair deal for the USA after decades of abuse, Canada will be out.

"Congress should not interfere [with] these negotiations or I will simply terminate NAFTA entirely [and] we will be far better off". "I can't kill these people", Mr. Trump said about NAFTA talks with Canada.

Canadian Minister of Foreign Affairs Chrystia Freeland also confirmed trade talks were back on at a news conference, NPR News reported.

Talks to keep Canada in the trade bloc are to resume Wednesday as the two countries try to resolve thorny issues including Canada's dairy market and US efforts to shield drug companies from generic competition.

There was also a quote from the president that any new trade deal would be "totally on our terms".

Trump notified Congress on Friday of his intent to sign a revamped deal in 90 days with Mexico - and Canada too, if Ottawa chooses to join in.

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While the States has usually lost to Canada in Chapter 19 cases involving lumber imports, the panels have proved invaluable for Americans fighting duties imposed by Mexico on agricultural exports such as beef, pork and corn, said Horlick.

If they can't strike an agreement that is good to the U.S.

Using the mechanism has helped the US agriculture sector, especially, in combating duties imposed by Mexico, one of industry's biggest export markets. The deal announced Monday would, among many other things, require that 40 percent to 45 percent of a vehicle be made in a North American country where auto workers made at least $16 an hour - that is, not in Mexico - before qualifying for duty-free status. He has vowed to negotiate a better deal - or withdraw from NAFTA altogether.

"The approach the Trump administration has taken - "my way or the highway" - doesn't seem created to get to yes", said Michael Camunez, CEO of Monarch Global Strategies who served in President Obama's Commerce Department.

Fast-forward to Thursday, when Trump told reporters for Bloomberg that he was deliberately undermining the negotiations with Canada by refusing to make any concessions. "There wasn't really anything wrong with NAFTA, and what's going on now is negotiations because Trump wants to have some kind of big PR stunt".

"We'll see whether or not Canada gets into it, otherwise we'll do something separately".

But simply pulling out of NAFTA may not be as clear-cut as the president suggested in his message, according to several trade experts. Then it was a disastrous G-7 Summit in Quebec and now it's a new North American free trade agreement without the northern tier of the continent.