"U.S. President Donald Trump's lead trade negotiator says the administration is considering breaking up the three-way free trade agreement with Canada and Mexico, moving toward separate deals instead. U.S. Trade Representative Jamieson Greer said Wednesday that the Trump administration is keeping all options on the table for the future of the Canada-U.S.-Mexico Agreement (CUSMA) as it comes up for renewal in 2026."
""Our economic relationship with Canada is very, very different than our economic relationship with Mexico," Greer told an event held by the Atlantic Council, a Washington-based think-tank focused on international affairs. "The labour situation's different. The import-export profile is different. The rule of law is different. So it makes sense to talk about things separately with Canada and Mexico," he said."
U.S. Trade Representative Jamieson Greer said the Trump administration is keeping all options on the table for the Canada-U.S.-Mexico Agreement (CUSMA) as it approaches renewal in 2026. Greer argued that economic, labour and legal differences make separate bilateral deals with Canada and Mexico sensible, citing divergent import-export profiles and rule-of-law considerations. All three countries must indicate by July 1 whether to extend, renegotiate or let CUSMA expire; Greer must report to U.S. Congress by Jan. 2 on administration intentions. Greer said exiting, revising or renegotiating CUSMA are all possible options.
Read at www.cbc.ca
Unable to calculate read time
Collection
[
|
...
]