Tradelines News

Get the latest news and updates on cross-border customs and international trade.

U.S. Threat to Leave NAFTA Must be Taken Seriously: Freeland

(Joan Bryden – Canadian Press)

The Trudeau government appears to have adopted a good-cop, bad-cop strategy for saving NAFTA – coming up with some “creative” new proposals in response to unpalatable U.S. demands while simultaneously signalling its willingness to aggressively attack what it considers unfair American trade practices.

But while the government is hoping for the best from negotiations to renew the North American Free Trade Agreement, Foreign Affairs Minister Chrystia Freeland reiterated Thursday that it’s also prepared for the worst: a U.S. withdrawal from the continental trade pact.

“The U.S. has been very clear since before the talks started that invoking Article 2205 (to withdraw) was a possibility, and I think we need to take our neighbours at their word, take them seriously,” Freeland said before the first of two days of meetings at a cabinet retreat in London, Ont. Click here to read more.