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Trump threatens to leave Canada out of new NAFTA deal

03 September, 2018, 20:42 | Author: Shawna Walton
  • Canadian Foreign Affairs Minister Chrystia Freeland will meet again with US Trade Representative Robert Lighthizer

Congress must approve any rewrite of the deal and could refuse to endorse an agreement that excludes Canada.

On Twitter on Saturday, Trump said there was "no political necessity" to keep Canada in Nafta.

The deal also included stronger labour standards, requiring that 40 to 45 per cent of auto parts in cars sold in the U.S.be made by workers earning at least US$16 per hour. "Congress should not interfere w/ these negotiations or I will simply terminate NAFTA entirely & we will be far better off.", Trump wrote.

Trump is attempting to get a new NAFTA deal signed before current President Enrique Peña Nieto leaves office December 1.

With a pledge to resume talks next week, Freeland spoke of progress, of optimism and of her determination to get a deal that's good for Canadians - a remarkable show of restraint on a day that began with another blast of now-familiar Trump bombast that landed like an anvil on the negotiating table.

The Toronto Star proclaims them "secret bombshell remarks": off-the-record comments President Trump made about Canada in an interview with Bloomberg News on Thursday that were leaked to the Star.

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.

President Donald Trump never misses an opportunity to vilify the press or insult Canada, which has been one of the United States' closest allies over the years-and this week, he has managed to accomplish both.

Trump previously set a deadline for Friday to reach the trilateral deal.

Canada is the No. 1 destination for American products shipped overseas, and more than 8 million U.S.jobs are supported by trade with Canada, according to the U.S. Chamber of Commerce.

Canadian officials accused the USA side of refusing to offer concessions. Free Trade deal, a predecessor to NAFTA, after similarly hard bargaining.

"I think all three countries have worked together very productively and we're getting more and more excited about the results", a senior USA official told reporters.

Trudeau on Friday did not say if Trump's comments would impact negotiations between the USA and Canada, which will resume next week, but said his country would pursue a path that was a "win-win-win on all sides".

Trump's bilateral deal with Mexico is "like the renegotiation of the Korean trade agreement", points out Evenett.

Throughout the day Friday, it became increasingly clear that Canada and the USA would be unable to reach an agreement.

The U.S. and Mexico negotiated a new pact to replace NAFTA, snubbing Canada in the process.

Mr. Trump wants Canada to end its tariffs on dairy products, which can run almost 300 percent.

The deal announced on Monday would, among many other things, require that 40 per cent to 45 per cent 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. "So, overall, workers aren't doing as well".

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