Mexico will never pay for Trump wall: Mexican economy minister

President Trump

Trade relations between Canada, Mexico and the US have been rocky since President Donald Trump's 2016 campaign bucked traditional Republican support for free trade and dubbed NAFTA "the worst trade deal in the history of the world".

Speaking with reporters at a cabinet retreat in London, Ont., Ms. Freeland said progress has been made on several fronts and some chapters of the deal are almost final.

The U.S. dollar fell against a basket of major currencies but made a partial recovery after the Labor Department said its consumer price index, excluding the volatile food and energy components, rose 0.3 percent last month, the biggest advance since January 2017.

Tensions with Canada have spread beyond industries covered by NAFTA this year, with the USA looking into allegations of unfair subsidies on dairy products and aircraft.

While area auto parts suppliers have been enjoying a streak of good business, the border expert said many US manufacturers don't consider the current situation when they evaluate the impact of NAFTA. Dawson asked. She sees Canada resisting changes that would open its dairy and lumber industries to more competition and cultivating new ties with countries in Asia and Europe if the United States withdraws from NAFTA. That is no secret. "He knows where he wants to be and he's going to negotiate until he gets what he wants", said Burns.

"Our approach from the start has been to hope for the best, but prepare for the worst".

Neither Freeland nor Finance Minister Bill Morneau would discuss what preparations the government is making for the potential end of NAFTA.


The three nations are close to concluding chapters on "bread and butter" issues, the minister said, but disagreements remain over what the minister described as "unconventional" and "extreme" positions from the American side.

"I think it would be very bad for Canada as a whole".

During that period Canada was the fourth-largest US pork destination in both volume and value, with total shipments from the United States at 190,592 metric tons worth $723.4 million, said USMEF.

The cabinet retreat comes as the Canadian government is launching a wide-ranging court challenge against the United States before the World Trade Organization.

It's not the first time that Canada has gone to an global trade body to complain about unfair American actions, but the timing of this one is significant. Or does it include R & D - the stuff that makes it take five years to bring a auto to the assembly line - the stuff people would be paying for if you sold off GM.

"I think Canadians understand that while we have a very good relationship with our largest trading partner, it's just the smart thing to do".

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