NAFTA deal must end Canada's milk protein scheme

Gold catches late NY bid on NAFTA headlines, but . . .

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

"In some countries, including Canada, a tax on cars would be the ruination of the country".

He and other American politicians have long demanded Canada's system of domestic dairy protections either be abolished or heavily modified to give USA exports a bigger share.

Trump almost tore up the NAFTA pact a year ago after visiting farmers in Wisconsin, a major US dairy producer that Washington says has been hurt by Canadian protectionism.

Mulroney said Justin Trudeau phoned him last weekend to discuss the NAFTA situation and the two spoke for an hour.

Canadian Foreign Affairs Minister Chrystia Freeland speaks to the media as she arrives at the Office Of The United States Trade Representative, Tuesday, Sept. 11, 2018, in Washington.

It was not clear when talks would resume on Thursday, and there were no immediate indications what progress may have been made in Wednesday's late session among staff. "People are kind of sitting on the sidelines thinking, 'How will this affect us in the future?' If we were to lose the auto industry here that would put us into some type of recession", Chiodo said, noting that the auto trade has "always been pretty fair" for both the USA and Canada. "The ruination of the country", Trump said at an event in North Dakota. White House economic adviser Larry Kudlow last week said milk was the main issue standing in the way of a NAFTA deal.

Welles Orr, who was assistant US trade representative for congressional affairs in the George H.W. Bush administration, said the prospects appear good for a deal with Canada in coming weeks, although a new NAFTA or its replacement would likely not get through Congress until next year at the soonest.

Gold catches late NY bid on NAFTA headlines, but . . .
Podcast: Where Trump could take NAFTA

Mulroney, the former prime minister widely considered the father of the modern era of North American free trade, held court Tuesday in Ottawa on the fate of the intercontinental trade pact as talks to modernize NAFTA resumed on the anniversary of the September 11 terrorist attacks.

On Monday, Trudeau provided little information when asked by prominent USA journalist Katie Couric for an update on the negotiations during an on-stage interview.

He said, however, it was wrong for Canada to have publicly declared it would not accept concessions on certain files.

"We have all been dealing in good faith", he said.

Canada's Chrystia Freeland said of the negotiations that: "It's going to take flexibility on all sides".

"Forget what you read about NAFTA negotiations and Twitter wars, that's not who we are", Craft told the gathered crowd as she thanked Canada - and Gander - for playing host in 2001 to countless stranded American air passengers.

Discussions weren't expected to get going again until the end of the week.

With the Mexico deal in hand, and Trudeau publicly indicating that Canada's red-line issues are Chapter-19 and cultural industries, the Americans have considerable leverage, he added.

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