Canada agrees to join trade accord with U.S. and Mexico, sending new NAFTA deal to Congress
Canada agreed late Sunday to join the trade deal that the United States and Mexico reached last month, meeting negotiators’ self-imposed midnight deadline designed to allow the current Mexican president to sign the accord on his final day in office and giving President Trump a big win on trade.
The new treaty, preserving the three-country format of the original North American Free Trade Agreement favored by business groups and congressional Republicans, is expected to be signed by Trump and his Canadian and Mexican counterparts in 60 days, with Congress likely to act on it next year.
Senior administration officials told reporters on a late-night conference call that the deal validated Trump’s approach to trade policy and fulfilled an important campaign promise to overhaul an agreement he had disparaged as one of the worst trade deals ever made.
The new agreement, the officials said, represents a “template for the Trump administration playbook for future trade deals” designed to boost worker earnings and strengthen the American economy.
Administration officials anticipate a fierce political battle to win congressional approval, especially if Democrats regain control of the House of Representatives in November.
Keep reading at The Washington Post.