Thursday 30 August 2018

NAFTA 2.0: US and Canada aim to finalise trilateral deal today

Donald Trump

Top NAFTA negotiators from Canada and the United States increased the pace of their negotiations Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon. Despite some contentious issues still on the table, the increasingly positive tone contrasted with US President Donald Trump's harsh criticism of Canada in recent weeks, raising hopes that the year-long talks on the North American Free Trade Agreement will conclude soon with a trilateral deal. "Canada's going to make a deal at some point. It may be by Friday or it may be within a period of time," US President Donald Trump told Bloomberg Television. "I think we're close to a deal." Trilateral talks were already underway at the technical level and Mexican Economy Minister Ildefonso Guajardo was expected to soon rejoin talks with US Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland, possibly later on Thursday, people familiar with the process said. President Donald Trump said in a Bloomberg interview: "Canada's going to make a deal at some point. It may be by Friday or it may be within a period of time," Trump said. "I think we're close to a deal."

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