Tags: Financial Markets | Trump Administration | chrystia freeland | nafta | trade deal | tariffs | canada

WSJ: Canada Vows Continued Work on 'Modernized NAFTA'

Image: WSJ: Canada Vows Continued Work on 'Modernized NAFTA'
Canadian foreign minister Chrystia Freeland (Jose Luis Magana/AP)

By    |   Thursday, 14 June 2018 05:51 PM

Canada's foreign minister has pledged North American Free Trade Agreement talks will continue into the summer, The Wall Street Journal reported.

The assurance from Chrystia Freeland came after a face-to-face meeting in Washington with the Trump administration's chief trade envoy, Robert Lighthizer, on Thursday – less than a week after a Group of Seven summit in Quebec that ended with President Donald Trump rejecting a final communique.

Along with the G-7 tumult, the U.S. decision to extend steel and aluminum tariffs to include Canada, the European Union and Mexico – and Canada's retaliatory tariffs that will take effect July 1 – have complicated NAFTA talks, the Journal noted.

"All three countries are clear that meaningful progress has been made to date and we need to keep working hard to get to a deal on a modernized NAFTA," Freeland told reporters after an hourlong meeting with Lighthizer, the Journal reported.

The three nations "will be working hard over the summer," she said.

Meanwhile, at a closed-door meeting Wednesday with members of the Senate Foreign Relations Committee, Freeland expressed gratitude toward Americans but also pain over the tariff tensions with the United States, the Journal reported, quoting an unnamed source who attended.

Asked for her opinion of reaching a bilateral agreement between the United States and Canada – an idea Trump has floated – Freeland said it would be hard to implement, the Journal reported.

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North American Free Trade Agreement talks will continue into the summer, Canada's foreign minister has pledged, according to The Wall Street Journal.
chrystia freeland, nafta, trade deal, tariffs, canada, foreign minister
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2018-51-14
Thursday, 14 June 2018 05:51 PM
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