With an initial trade deadline set for August 31 that extended beyond that date, Canada’s top trade negotiator Chrystia Freeland said a deal has not yet been reached to revamp the NAFTA agreement between the U.S. and Canada. Earlier that same week, the U.S. struck a deal with Mexico to effectively eliminate the NAFTA name and create the United States-Mexico Trade agreement.
The deal struck with all three nations would allow for more market access to U.S. dairy farmers with Canada capping automobile exports to the U.S.. The U.S., Mexico and now Canada are expected to sign the agreement by the end of November, which would then go to Congress for approval.
“Once approved by Congress, this new deal will be the most modern, up-to-date and balanced trade agreement in the history of our country,” Trump announced.
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