Canada Open to Early Talks on Trade Pact With US

Date:

Canadian finance minister also said his government would prefer to hash out all details on trade in one broad negotiation instead of sector by sector.

Canadian Finance Minister Dominic LeBlanc said the country would be willing to hold early talks on the North American free trade pact with the United States, which is scheduled for joint review next year.

“If the American administration indicated to us that they wanted to advance that date and have those conversations, we would be ready,” LeBlanc told Bloomberg News on Friday. He added that the nations have a lot of common interests between the three of them.

The United States-Mexico-Canada-Agreement (USMCA) went into effect in 2020 and is scheduled for joint review in 2026. The pact replaced the North American Free Trade Agreement, known as NAFTA.

LeBlanc said the Canadian government would prefer to hash out all details on trade in one broad negotiation instead of sector by sector over the course of weeks.

Ottawa also wants to move quickly on trade agreements to prevent China from undercutting North American markets with predatory pricing.

This is a developing story and will be updated.

Related Stories

Trump Threatens Sanctions, Tariffs on Russia
Unraveling the Claim of Trump Financial Engineering
spot_imgspot_imgspot_img

Share post:

More like this
Related

Birth Tourism Ads Targeting Chinese Highlight US Immigration Vulnerabilities

The China Mifubaby Group website translation excitedly shared the...

Toronto Police Retail Crime Unit Makes More Than 500 Arrests in 2 Years: Police

A Toronto police vehicle is shown parked on Yonge...

RCMP Investigate Possible BC Wildfire Death as Province Declares State of Emergency

B.C. Premier David Eby said the province has declared...

Why Some BC Farmers Stay to Fight, Despite Wildfire Evacuation Orders

When Tom Davison’s son-in-law invested in firefighting equipment for...