The US and Mexico have reached an agreement to replace the North American Free Trade Agreement (NAFTA). It is expected that talks with Canada will start immediately, with a final agreement to be reached by Friday (31 August), according to the United States High Representative at Reuters.
The new agreement paves the way for the replacement of NAFTA, a free trade agreement between the United States, Mexico and Canada. US President Donald Trump said the new deal is special for farmers and producers.
"We also invite the Canadian officials, and we hope to succeed in a fair and successful agreement with them," the American official told Reuters. He added that there are still unresolved issues with Canada. "But I think they can be solved very quickly," he added.
Trump said he would talk to the Canadian Prime Minister Justin Trudeau and hoped that negotiations with Canada could begin almost immediately.
Trump also said that a new free trade agreement, which he made the big deal for trade & # 39; mentioned, is no longer called NAFTA, because the current agreement is unpopular. Naphtha has negative connotations, such as: "NAFTA has been severely damaged by the United States for years".
According to sources familiar with the talks, no new agreement has yet been reached with Canada, which has not been involved in the negotiations since July, as Mexico and the United States have focused on eliminating the differences. Canadian Foreign Minister Chrystie Freeland, Austen, warned of early conclusions.
"Canada's signature is also needed," Austen said. "We will only sign a new agreement that is good for Canada," he added.