Trade insiders say a token win on NAFTA may soon be possible – but the substantive work is nowhere near complete.
A report by Bloomberg this week said the White House wants leaders from Canada and Mexico to announce the broad outlines of an updated North American Free Trade Agreement during next week’s Summit of the Americas in Peru.
But experts insist any agreement in principle that soon would be little more than a symbolic move because the hardest part of the negotiations has yet to really get underway.
“I would be very skeptical about any substantive deal that could be announced next week,” said Laura Dawson, director of the Canada Institute at Washington’s Wilson Center. Click here to read more.
- Looming Deadlines Explain Why Trump is Hurrying for a NAFTA Deal (Bloomberg)
- Canadian Dollar Rallies to Five-Week High on NAFTA Optimism (Reuters)
- Trump May Want Quick NAFTA Deal-in-Principle But Canadians Doubt That Can Be Done (Global News)
- Freeland Expected to Go to D.C. for Late-Game NAFTA Talks as Political Pressure Ramps Up (CBC News)