Trump threatens to exclude Canada from new NAFTA deal
Trump threatens to exclude Canada from new NAFTA deal
Leon Neal Getty Images North America
02 September, 2018, 17:28
Negotiations between the three countries failed to result in an agreement by Friday, which Trump had set as a deadline for a deal.
"If I say no - the answer's no".
Freeland tried to brush off the controversy in a news conference.
U.S. officials say the negotiations will continue next week in an effort to reach an agreement. "The big deal is we import $600 billion a year from Canada and Mexico, we export to them $520 billion, there's a gap of $80 billion". We have had some very intense periods of working together and Ambassador Lighthizer and his team are very experienced professionals. "My negotiating counterparty is Ambassador Lighthizer", she said.
Trump, who has repeatedly branded the North American Free Trade Agreement (NAFTA) the "worst trade deal ever made", reiterated that he will not back down from his pledge to quit the deal, if his concerns are not met. "We make new deal or go back to pre-NAFTA!" he tweeted.
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For what it's worth, BloombergtellsAxios that their reporters abided by the terms of the off-the-record agreement with the president.
Trump tweeted about the comments Friday, saying "At least Canada knows where I stand!"
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. "My goal would be if we can get fewer tariffs I think Americans should win". This week those meetings continued at all levels. Ottawa introduced retaliatory taxes on United States imports of steel, aluminum and such goods as whiskey, orange juice and other food products. "Our officials are continuing to work toward agreement".
Trump's Saturday tweets come one day after USA and Canadian negotiators failed to reach a deal by the deadline, which was set by Trump. Dispute settlement, Canada's cultural exemption and access to Canada's dairy market continue to be obstacles to a deal.
But, by the end of the day, both sides expressed optimism heading into next week.
Canada doesn't have much of an objection to the auto provisions of the U.S. Such a move, experts warn, would inflict heavy damage on the countries' deeply integrated auto sector.
"Wow, I made OFF THE RECORD COMMENTS to Bloomberg concerning Canada, and this powerful understanding was BLATANTLY VIOLATED". The Impala is manufactured by General Motors at its Oshawa, Ontario plant. Canadian Prime Minister Justin Trudeau and other world leaders have issued harsh condemnations of the president's economic policy.
"It's somewhat puzzling to understand that the USA has been so adamant that chapter 19 must go", said Dattu. He has pledged to negotiate a better deal or withdraw from NAFTA altogether.
A U.S. -Mexico deal sealed on Monday excluded Canada. "If we don't make a fair deal for the USA after decades of abuse, Canada will be out", Trump tweeted.
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