NAFTA : the federal government anticipates a power stroke of Trump by the end of January

Photo AFP

QMI agency

On Wednesday 10 January 2018 16:24

UPDATE
On Wednesday 10 January 2018 16:24

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OTTAWA | the approach of the sixth round of renegotiation of the NAFTA, Canada is in what the United States tries to put pressure by reiterating in the next few weeks their threats of withdrawal from the agreement.

A source told TVA News on Wednesday that the federal government was expecting to receive a notice of withdrawal on the part of the United States, which does not mean a formal withdrawal. Ottawa remains confident that the negotiations would go forward in spite of the receipt of such notice, and that the gains are even possible for Canada.

These words came to qualify a Reuters report according to which the canadian government is convinced that the american president Donald Trump will withdraw from the free trade Agreement north american (NAFTA).

The news agency said to have spoken to two government sources, who expect that it coincides with the next round of renegotiation of the NAFTA, which will take place from 23 to 28 January, in Montreal.

The new has increased the value of the u.s. dollar on Wednesday. At 14 pm, it was trading at 1,2486 canadian dollar. To 17 h 30, he had risen to 1,2541.

The president Trump has several times threatened to tear up the free trade agreement between Canada, the United States and Mexico since its entrance into politics.

With the approach of the sixth round of discussions, high-profile disputes exist between the parties to the table, Canada and Mexico accusing both the United States of being too demanding in their requests.

Washington has among others called for the abolition of the system of supply management in Canada and a draconian increase in the u.s. content in the automotive sector.

For its part, the canadian government has been carrying out since the beginning of the year a transaction of charm with Americans.

The minister of foreign Affairs, asked by chrystia Freeland, met Tuesday, the Commerce secretary, Wilbur Ross, to Washington. This meeting occurs a few days after travel of the minister of Agriculture, Lawrence MacCaulay, Tennessee, and the public Safety minister, Ralph Goodale, Kentucky.