October 1, 2018

US AND CANADA HAVE NAFTA DEAL AT 11TH HOUR

The United States and Canada have reached a tenatative agreement on a renegotiated NAFTA. According to CBC News, a senior government source is saying there is agreement in principle after resolving a number of contentious issues.

Sources also confirmed to Global News that a deal has been finalized.

Canadian Prime Minister Justin Trudeau  called a late Sunday night cabinet meeting to discuss the progress. Canada will reportedly be allowing greater access to its dairy market — something President Donald Trump has long demanded.

Trump earlier this week virtually proclaimed NAFTA to be a dead deal because  Trudeau did “not seem to want to move” on its supply management dairy policy that  maintains a 300 percent tariff on milk products. Trump also expressed his dislike for Canada’s chief trade negotiator, Foreign Affairs Minister Chrystia Freeland.

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