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US, Canada making progress on NAFTA talks

MNA Business Desk: Canada’s Foreign Minister Chrystia Freeland on Wednesday said the US and Canada are making “good progress” on the revision of the continental free trade deal but talks will continue to resolve remaining issues.

As the neighbors try to salvage the North American Free Trade Agreement as a three-country deal, Prime Minister Justin Trudeau warned he would stand firm on key issues as he questioned Donald Trump’s respect for trade rules, reports news agency.

Amid the charged political atmosphere, dogged by Trump’s repeated threats to leave Canada out of the revised NAFTA, Freeland said she believes “a deal that is good for Canada, good for the United States and good for Mexico is absolutely possible.”

However, “The thing about trade negotiations is that nothing is done until everything is done,” Freeland told reporters following a meeting with US Trade Representative Robert Lighthizer.

She said officials will meet late into the night to review additional issues, and the ministers will resume talks Thursday, noting that “all sides are committed to doing what it takes to get a good deal.”

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