All eyes were stuck on high stakes talks between US and Canda from several days, what came to have out of these 4-days talk is not something very pleasing, at least for the Canadians. The talks between US and Canadian officials were quite essential as they were about revamping the North American Free Trade Agreement (NAFTA). The news coming out from this deal which had three countries talking in the US has not reached to the point with Canada, whereas Trump’s administration has shown ‘green signal’ to Mexico.
The four-day intensive talks between Canda and US couldn’t be fruitful even though both the parties were keen to snap up the new NAFTA deal with Mexico also being part of it. The sticking points between Canada and the US later were demand for getting more of the access to former’s closed dairy market. Apart from that Canada asserts to maintain a proper trade settlement, which the US does not seem agreeing on very much.
It should be noted her that NAFTA covers $1.2 trillion in regional trade and that is befitting for all of the members of it. But with the current situation, it seems that both the US and Canada are in no mood to step back to get this trade deal going on.
Donald Trump tweeted on Saturday morning with hinting a mutual deal coming up with Mexico: “There is no political necessity to keep Canada in the new NAFTA deal. If we don’t make a fair deal for the U.S. after decades of abuse, Canada will be out. Congress should not interfere w/ these negotiations or I will simply terminate NAFTA entirely & we will be far better off.”
“For Canada, the focus is on getting a good deal, and once we have a good deal for Canada, we’ll be done,” Canada’s foreign minister Chrystia Freeland told.