NAFTA talks are interrupted, and will resume next week
NAFTA talks are interrupted, and will resume next week
Negotiations to renegotiate the week-long North American Free Trade Agreement (NAFTA) ended in Washington, DC, without reaching an agreement by Trump’s deadline, but talks will resume next week.
Meanwhile, the Canadian delegation is expected to return to Canada for the long weekend, after early optimism that the deal will take place by the end of the week.
Foreign Affairs Minister Christina Freeland said she was still confident that an agreement could be reached, but would not comment on the remaining sticking points.
“Once we get a good deal for Canada, we’ll do it,” Freeland told reporters at the Canadian embassy.
The suspension comes after US President Donald Trump on Twitter to confirm a report that he will make no concessions with Canada.
His comments appeared on the day the deadline was set for Canada to reach agreement on the modernization of the main trade agreement. A report in the Toronto Star for an unnamed source said Trump told Bloomberg News on Thursday he would make no concessions at all on the North American Free Trade Agreement (NAFTA). The report added that Trump would not say so publicly because he would humiliate Canada from reaching an agreement.
The report also said Trump said the deal would be “entirely” in accordance with US conditions.
In a tweet, Trump said the comments were unregistered, but “at least Canada knows where I stand.”
Later, speaking at an event in North Carolina, Trump stated that he made this statement about Canada.
“It’s fine, because I love Canada, but they’ve used our country for many years, they have huge trade barriers and they have huge tariffs,” Trump said. “I said something strong, but I think it’s good.”
Freeland faced several questions about Trump’s comments from reporters who decide to meet for days. While Freeland did not explain this directly, the two sides are working hard to reach an agreement.
I think at this stage we know what each side needs … My job is to find the deal that is working for Canada and I work hard to do it, “Freeland said earlier. On Friday, emphasized the importance of business relations between the two countries.
“Canada will only sign an agreement that is a good deal for Canada,” said Frilland. “In the midst of intense negotiations, the US team” brings good faith and goodwill to the negotiating table “He said.
“We now understand each other’s positions very well and very clearly, and we are working hard to find certain compromises that are beneficial to all,” Freeland said.