But Canada\u2019s reaction was to immediately dismiss the suggestion.<\/p>\n
\u201cAs Canada has maintained right from the beginning, we believe in a trilateral NAFTA, we believe that together it\u2019s been a win-win-win for our three economies and all three nations have prospered,\u201d said Andrew Leslie, the parliamentary secretary to the foreign affairs minister in charge of Canada-U.S. relations.<\/p>\n
Trade between the three nations totaled about US$1.1 trillion in 2016, about three-and-a-half times that of the first year of the deal in 1994.<\/p>\n
Renegotiations on a new NAFTA have been underway since August 2017 and have stalled primarily due to U.S. insistence on a high percentage of American parts used in vehicles made in all three countries. Even if that impasse is overcome, the U.S. also wants a sunset clause that would see the deal renegotiated every five years, something both Canada and Mexico have balked at because they believe it would create an uncertain investment climate.<\/p>\n
Larry Kudlow, U.S. President Donald Trump\u2019s economic advisor, said the president is \u201cvery seriously contemplating a shift in NAFTA negotiations\u201d.<\/p>\n
\u201cHis preference now — and he asked me to convey this — is to actually negotiate with Mexico and Canada separately,\u201d Kudlow told Fox News.<\/p>\n
He said he conveyed that message on Monday to an official close to Canadian Prime Minister Justin Trudeau.<\/p>\n
To date, there has been no official public statement from Trudeau.<\/p>\n
Kudlow said Trump is not going to walk away from NAFTA negotiations but was interested in a new approach that could include bilateral talks.<\/p>\nError, group does not exist! Check your syntax! (ID: 10)<\/span>\n","protected":false},"excerpt":{"rendered":" The U.S. floated the idea of separate trade talks with Mexico and Canada rather than a new North American Free Trade Agreement (NAFTA) with the three countries as signatories.<\/p>\n","protected":false},"author":3,"featured_media":61100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,63,51,102,34],"tags":[3748,77263,2058,77984,6022],"class_list":["post-61098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-daily","category-economy","category-interviews","category-latin-america","tag-canada","tag-donald-trump","tag-mexico","tag-nafta","tag-us"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/61098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=61098"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/61098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media\/61100"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=61098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=61098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=61098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}