Title : Canadian Prime Minister Trudeau Under Growing Pressure To Get NAFTA Deal Done
link : Canadian Prime Minister Trudeau Under Growing Pressure To Get NAFTA Deal Done
Canadian Prime Minister Trudeau Under Growing Pressure To Get NAFTA Deal Done
Reuters: Canada's Trudeau under growing pressure to get NAFTA deal done
OTTAWA (Reuters) - Business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal.
Foreign Minister Chrystia Freeland will hold fresh talks on the North American Free Trade Agreement with U.S. Trade Representative Robert Lighthizer in Washington on Wednesday as a U.S.-imposed deadline of Oct. 1 looms.
The two sides are far apart in some areas and Trudeau says his Liberal government will walk away if necessary.
Signs are growing that hitherto solid domestic support for Ottawa’s stance is fraying amid fears of the potential economic damage. The United States takes 75 percent of Canada’s goods exports and President Donald Trump is threatening to impose tariffs on autos.
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WNU Editor: Mexico made the decision that it was in their interest to sign a deal with the U.S.. They made sure that their critical industries were protected (i.e. agriculture), and they compromised on the rest. The end result .... both the U.S. and Mexico walked away feeling that they made an acceptable deal. U.S. - Canada negotiations are occurring in a climate where the Canadian side does not believe that it is in their interest to sign a deal, and they feel confident that by the end of the month the U.S. will compromise "big-time" to make sure that the U.S. - Mexico agreement does not become nullified because of a September 30 Congressional-legislative deadline. I think this strategy is a terrible mistake, and I have bluntly told my Canadian Liberal friends that President Trump will use the powers that he has in his office to not only inflict maximum pressure on Canada to get an agreement, but he will also make sure that the U.S. - Mexico agreement is preserved. But the impression that I am getting is that the Trudeau Liberals do not care. To them this is a issue that will be a winner for them politically .... especially when they go to the polls next year on a platform that is anti-Trump. Again .... I think this strategy is a terrible mistake.
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