U.S., Mexico reach NAFTA deal as pressure turns to Canada

U.S., Mexico reach NAFTA deal as pressure turns to Canada

Those are the words of Mexico's Economy Minister Ildefonso Guajardo last week as he summarized the progress of talks to renegotiate the North American Free Trade Agreement, according to The Wall Street Journal. But Trump and other critics say it encouraged US manufacturers to move south of the border to exploit low-wage Mexican labor. If a NAFTA deal isn't signed before then, López Obrador could demand changes - and a deal that took years to negotiate could unravel.

News of a potential agreement on trade between the United States and Mexico is good news for Canada, a spokesperson for Foreign Affairs Minister Chrystia Freeland said Monday. The new preliminary agreement would increase that requirement.

He said that talks with Canada will begin soon and that teh country could join the agreement or sign their own bilateral deal with America depending on what was agreed.

"We'll see if Canada can be part of a deal", he said.

Trump tweeted on Monday morning that that a "big deal" with Mexico was "looking good". Trump is expected to send formal notice to Congress by the end of the week.

El Financiero reports negotiators have already called on Canada to rejoin the talks now that a U.S. -Mexico bilateral agreement has been reached, and Canadian representatives could arrive in Washington, D.C.as early as Monday.

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As of the time of publication, police have not yet identified Robertson as one of the shooting victims. I'm screaming her name and for a few seconds I didn't see her, and then she finally emerged".

The two countries have agreed that 75 percent of a product must be made in the United States and Mexico to receive tax-free treatment, which is more than in the existing deal, the USA said.

It's unclear if, and when, trilateral talks between Canada, the United States and Mexico would resume. However, President Trump considers NAFTA "one of the worst deals" in trade history, and in his ongoing global trade war, he has mentioned wanting to rewrite the deal. Both Canada and Mexico, as well as many in the US business community, reject that idea.

Adam Austen also wrote in an email that Canada would continue to work toward a modernized NAFTA. Will either put tariffs on Canada's cars or reach a negotiated deal with them.

But several major issues remain unresolved, including USA demands to gut the deal's Chapter 19 and 20 dispute resolution provisions, restrict Canadian and Mexican companies from bidding on American government contracts and insert a "sunset clause" that would automatically terminate the deal in five years.

Talks between the US and Mexico had focused largely on cars.

The deal also would require 40 percent to 45 percent of auto content to be made by workers earning at least $16 per hour. Trump will terminate the existing NAFTA deal to go into this new deal that should be in place by November.

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