Connect with us

Markets

Canada PM Says he Wants a Good NAFTA Deal Soon, Hazy on Deadline

Published

on

Justin Trudeau
  • Canada PM Says he Wants a Good NAFTA Deal Soon, Hazy on Deadline

Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he agreed with Washington that the end of September was the final deadline for talks.

Canada and the United States are struggling to settle differences over access to the Canadian dairy market and how to resolve trade disputes.

The United States has already struck a side deal with Mexico, the third member of the North American Free Trade Agreement. U.S. President Donald Trump says he will ditch Canada unless it quickly makes concessions.

U.S. trade laws dictate that there is an Oct. 1 deadline to produce the text of a pact that all three nations can sign before the current Mexican government leaves office on Nov. 30.

“We have seen various deadlines put forward as markers to work for,” Trudeau told reporters when asked whether he felt that the end of September was the final deadline.

“We’ll do the work and try and get there as quick as we can, but we’re going to make sure that we’re doing what is necessary to get the right deal for Canadians,” Trudeau said at the end of a meeting of legislators from his ruling Liberal Party in the western city of Saskatoon.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Advertisement
Advertisement