US Changes USMCA Text Canada Ready to Push Back

Canada is pushing back against U.S. attempts to change the text of their September trade pact and the issue may have to be referred to ministers to settle, a Canadian source with direct knowledge of the matter said on Thursday.


usdcad Canadian dollar graph, November 8, 2018

The United States and Canada reached a last-gasp deal on USMCA at the end of September, guaranteeing that free trade between the three nations would continue. Officials are now fine-tuning the wording on the deal intended to replace the North American Free Trade Agreement (NAFTA).

“We are having discussions around the interpretation of a variety of things,” said the Canadian source.

via Reuters