Trump admin people have made progress on a replacement for the NAFTA trade agreement secured under the Clinton admin with Mexico….
They are in a hurry to cement the deal before a new Mexican President comes into office…
With that over their heads?
Trump set a goal of having Canada agree to the same deal as Mexico by today , August 31st…..
Canada will wait until this coming Wednesday to resume talks…..
Congressional lawmakers have indicated that the White House HAS TO get both countries on board for them to even consider any deal that THEY must approve to go ahead….
Trump wants a deal in place before a possible Democratic majority in the House …..
Expect more rushed agreements for the Republican Congress to approve before the end of the year….
Despite a furious few days of talks and intense pressure from President Trump, U.S. and Canadian officials failed to meet a White House-imposed deadline of Friday to reach a deal on a revamped North American Free Trade Agreement.
Missing the Friday deadline, in itself, does not imperil a renegotiated NAFTA, which also includes Mexico. Senior Canadian and U.S. negotiators plan to resume talks next week in hopes of settling outstanding disputes over Canada’s protected dairy market and other sensitive issues.
“The talks were constructive, and we made progress,” said U.S. Trade Representative Robert Lighthizer at the conclusion of Friday’s negotiations in Washington.
But the longer the discord remains, the greater the risk that a trilateral accord will be pushed out much further into the future, or that Trump’s bid to overhaul NAFTA — one of his top priorities — will fall short….