Anniversary of 9-11 gives perspective to NAFTA impasse, Freeland says

Anniversary of 9-11 gives perspective to NAFTA impasse, Freeland says

Anniversary of 9-11 gives perspective to NAFTA impasse, Freeland says

USA and Canadian trade negotiators on Tuesday completed a day of talks on the North American Free Trade Agreement (NAFTA) with reaching a final deal.

"Achieving that deal is going to require good will, good faith and flexibility on both sides, and we think that's eminently possible", Freeland said after the latest set of bilateral meetings in Washington with her American counterpart, US Trade Representative Robert Lighthizer.

"Our officials are meeting now and will be meeting until very late tonight. The average part that goes into the Pacifica in final assembly crosses the border six times", Dilkens said.

Meanwhile, despite the "several" issues still in dispute, there is strong will on the US side, especially, to wrap up the talks by Friday, trade lawyer Dan Ujczo said Monday.

US officials say time is running out to reach a deal that the current Congress can vote on.

That's why Trudeau continues to stand firm that any deal with the USA and Mexico protect Canadian middle class jobs by protecting domestic dairy and poultry production and why he insists a so-called cultural exemption that safeguards domestic television and radio from takeovers by us media conglomerates be included in the new NAFTA. They are aiming to complete a deal by the end of the month so that Mexico, Canada and the USA can sign an agreement by the end of November.

The upbeat tone contrasted with Trump's harsh criticism of Canada in recent weeks, railing on Twitter against Canada's high dairy tariffs that he said were "killing our Agriculture!"

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Prime Minister Justin Trudeau said just last week that the process was needed, because Trump "doesn't always follow the rules."

Uncertainly over the future of NAFTA, which underpins $1.2 trillion in North American trade, is weighing on markets as well as the Canadian and Mexican currencies.

In an interview with Canada's Global News network published on Sunday, Freeland declined to discuss specific issues in the talks and noted that Kudlow is "not at the negotiating table".

But talks still appear to be hung up on USA objections to Canada's state control of the dairy market, as well as the procedures for resolving disputes.

The two sides have so far been unable to resolve key differences over US access to the Canadian dairy market, a cultural exemption for Canada and the Chapter 19 dispute resolution mechanism.

Canada is the United States' second-largest trading partner, with US$673 billion in total goods and services crossing the border in 2017.

To save that mechanism, Ottawa plans to change one rule that effectively blocked American farmers from exporting ultrafiltered milk, an ingredient in cheesemaking, to Canada, the Globe and Mail reported, citing sources. Rather, they're following the standard political economist playbook: protect those industries and sectors that can help carry Trudeau to another win in the federal elections 13 months from now.

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