U.S.-Canada trade talks to resume after deadline lapse

Our officials are continuing to work toward agreement,” he said, adding that U.S. trade officials will meet with their Canadian counterparts next Wednesday.

President Donald Trump waves as he makes his way to Marine One as he travels to Indiana for a rally, on the South Lawn of the White House in Washington, D.C. on August 30, 2018. Photo by Kevin Dietsch/UPI | License Photo
President Donald Trump waves as he makes his way to Marine One as he travels to Indiana for a rally, on the South Lawn of the White House in Washington, D.C. on August 30, 2018. Photo by Kevin Dietsch/UPI | License Photo

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Trump also notified Congress in a formal letter Friday of his intent to sign a trade agreement with Mexico, “and with Canada if it is willing, in a timely manner, to meet the high standards for free, fair, and reciprocal trade contained therein.”

Canadian Minister of Foreign Affairs Chrystia Freeland also confirmed trade talks were back on at a news conference, NPR News reported.

“We know that a win-win-win agreement is within reach and that is what we are working toward,” she said. “We’ve made good progress, but there’s still work to be done.”

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While the exact new timetable is not clear for when Canada will join the pact, people familiar with the process estimate the new deadline could extend to Sept. 30.

According to the law, the Trump administration would have to make the final text for a trade pact public by Sept. 30, so he could sign it by Nov. 30, a day before Mexican President Enrique Peña Nieto leaves office to be replaced by now president-elect Andres Manual Lopez Obrador.

The new agreement would replace NAFTA, a deal that has removed trade barriers between the three countries since 1994 in an effort to stimulate trade.

BySommer Brokaw