NAFTA talks turn tense on day of deadline

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Canadian and USA officials talked late into the night without reaching a deal on an overhaul of the North American Free Trade Agreement ahead of today's deadline.

But Ottawa could offer U.S. dairy farmers a small increase in market share as it did with the European Union in a free trade pact previous year, in exchange for United States concessions on the NAFTA chapter on dispute resolution.

While that was part of the preliminary deal reached by Mexico and the us, it follows on proposals made by Canada earlier in the talks.

"Congress should not interfere with these negotiations or I will simply terminate NAFTA entirely and we will be far better off". He has pledged to negotiate a better deal or withdraw from Nafta altogether. Any such move would likely face lengthy legal and congressional challenges - several Republicans in the closely divided Senate are insisting that a revised deal include Canada.

The negotiations to rewrite it dragged on for a year and Canada stayed on the sidelines this summer while the US and Mexico executed the hard bargaining.

If the goal of the NAFTA talks was to simplify rules of origin and allow for more integration and cost efficiencies in the North American auto sector, consumers might expect to reap a cost-saving benefit, said Patrick Leblond, an worldwide relations professor at the University of Ottawa.

During an address during a retirement security event in North Carolina Friday, he reportedly discussed the matter, claiming he "said 'off the record, ' and I made a statement about Canada, which is fine because I love Canada but they have taken advantage of our country for many years". "If we don't make a fair deal for the USA after decades of abuse, Canada will be out", he wrote. But Trump has focused on areas where industrial decline has led to deep economic hardship.

"We know that a win-win-win agreement is within reach", Canadian Foreign Minister Chrystia Freeland told reporters after a week of talks to rewrite the 25-year-old Nafta.

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But Lighthizer wants to kill it, a point he repeated Monday, and Mexico doesn't feel strongly. But many countries have trade policies in place to protect their own agricultural industries.

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Despite citing it in defense of Chapter 19, Canada is not seeking to resolve the softwood dispute or US tariffs on Canadian lumber shipments as part of NAFTA talks this week, the Canadian officials said. In addition, the union leader criticized the president over an Obama-era rule mandating additional overtime pay and for failing to pass legislation to improve USA infrastructure, among other issues. Mr. Trump fumed after the Toronto Star published sentiments he had expressed over the trade talks with Canada, accusing another publication of leaking the remarks.

"Remember, NAFTA was one of the WORST Trade Deals ever made".

The preliminary agreement between Mexico and the United States announced last Monday would, if enacted, require that 75 per cent of the parts in any vehicle sold in North America be produced in the USA or Mexico.

Mr. Trump wanted to start the required 90-day layover before Congress can ratify the agreement.

President Donald Trump has threatened to leave Canada on the sidelines since announcing a breakthrough with Mexico on Monday, but the United States president and Canadian Prime Minister Justin Trudeau have both expressed optimism a deal is close.

Trumka echoed Trump's sentiments about the negative impact of NAFTA, while noting much work remains before the deal with Mexico is finalized.

If Canada is not included in that final text, it would be legally very hard - if not impossible - to include the country later.

A fact sheet on the U.S. -Mexico deal included a provision that would give big drug makers 10 years of protection for biologic drugs, and expand the list of drugs covered by those protections.