Quantcast
Connect with us

Adviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved

Published

on

The United States is getting “very, very close” to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.

There is just over a week to go before a U.S.-imposed Oct. 1 deadline to publish the text of a deal to update the North American Free Trade Agreement, and the United States and Canada have still not agreed on terms, Hassett told Fox News Channel.

ADVERTISEMENT

“We’re still talking to Canada, and we’re getting very, very close to the deadline where we’re going to have to move ahead with Mexico all by themselves,” said Hassett, who chairs the White House Council of Economic Advisers.

Washington reached a bilateral trade deal with Mexico in late August and is threatening to exclude Canada if need be.

Canadian Foreign Minister Chrystia Freeland left Washington on Thursday after two days of inconclusive talks with U.S. Trade Representative Robert Lighthizer.

Asked for a reaction to Hassett’s comments, a Freeland spokesman pointed to her repeated comments that Canada “will not be driven by a deadline but by reaching a good deal”.

ADVERTISEMENT

Investor concerns over the future of the 1994 pact, which underscores $1.2 trillion in annual trade, have regularly hurt stock markets in all three countries, whose economies are highly integrated.

A senior White House official on Friday said he hoped Canada would agree to join the U.S.-Mexico trade deal by the end of the month, adding he thought U.S. lawmakers would support a bilateral deal with Mexico if that did not happen.

But Canada says it does not believe U.S. President Trump has the power to unilaterally turn NAFTA into a two-nation agreement. U.S. business groups and some senior Democrats say NAFTA must be preserved as a trilateral grouping.

ADVERTISEMENT

Access to Canada’s dairy market, trade dispute settlement panels and U.S. demands for the ability to impose auto tariffs on its northern neighbor remain sticking points.

“I’m a little surprised that the Canadians haven’t signed up yet,” Hassett said.

“I worry that politics in Canada is trumping common sense because there’s a very good deal that was designed by Mexico and the U.S. to appeal to Canada. And they’re not signing up and it’s got everybody over here a little bit puzzled.”

ADVERTISEMENT

Freeland and Lighthizer are due in New York next week for the United Nations General Assembly, but it was unclear if they would meet.

Additional reporting by David Lawder in Washington and David Ljunggren in Ottawa, writing by David Lawder; editing by Chizu Nomiyama, Bernadette Baum and Susan Thomas

Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and legal efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. And unlike other news outlets, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from billionaires and corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you. Click to donate by check.

Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



Report typos and corrections to: [email protected]. Send news tips to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Facebook

Parents fight for custody of 4-year-old son after trying to treat his cancer with tea and ‘a positive state of mind’

Published

on

Two Florida parents are fighting this week to regain custody of their 4-year-old son who was taken away from them after they tried to treat his leukemia with a combination of tea and a "positive state of mind."

Local news station WFLA reports that Tampa Bay residents Joshua McAdams and Taylor Bland-Ball are headed to court to push for custody to be reinstated months after they decided to stop medical treatment for their 4-year-old son Noah.

Continue Reading

Breaking Banner

Trump slurs media as ‘fake and corrupt’ for disputing his claims about Elton John

Published

on

President Donald Trump hyped his claims about selling out a New Hampshire rally in a new attack on the news media.

The president insisted Monday that he enjoyed "massive overflow crowds" at his rally last week at SNHU Arena in Manchester, and slurred journalists as "fake and corrupt" for reporting the venue wasn't filled to capacity.

The Fake and Corrupt Media is sooo bad for our Country, The Enemy of the People! https://t.co/GPiklem0u1

— Donald J. Trump (@realDonaldTrump) August 20, 2019

Continue Reading
 

Facebook

Trump’s presidency is backfiring as the public grows more and more opposed to his views: report

Published

on

Watching clips from recent rallies in red states, it is obvious that President Donald Trump continues to be wildly popular among his hardcore far-right base. But that base is by no means representative of the United States on the whole. And journalist David A. Graham, in a report for The Atlantic, explains that not only is Trump failing to expand his base — he is, more and more, out of touch with public opinion.

“Recent polling shows that Donald Trump has managed to reshape American attitudes to a remarkable extent on a trio of his key issues: race, immigration and trade,” Graham observes. “There’s just one catch: the public is turning against Trump’s views.”

Continue Reading
 
 

Thank you for whitelisting Raw Story!

As a special thank you, from now until August 31st, we're offering you a discounted rate of $5.99/month to subscribe and get ad-free access. We're honored to have you as a reader. Thank you. :) —Elias, Membership Coordinator
LEARN MORE
close-link
close-image