The importance of the next few days for Canada in the latest round of NAFTA talks can’t be understated.
“They’re exceptionally crucial,” said Jason Childs, an associate professor of economics at the University of Regina.
After the Trump administration and Mexican government came to terms on a bi-lateral trade “understanding”, Canada’s Foreign Minister Chrystia Freeland cut short a European diplomatic trip to head to Washington.
- U.S. imposing steel and aluminum tariffs on Canada, Mexico, ahead of G7
- Premier Scott Moe encouraged with trade talks in Washington
- Trump administration and Mexico have reached a bilateral “trade understanding”
Childs said at this point in time, any trade deal Canada gets likely won’t be the one they want.
“I think getting a deal whatsoever is going to be a win,” he said.
He also that deal should be one Canada, Mexico and the United States are all involved in
“To have the US forming bi-lateral agreements with Mexico and then a separate bi-lateral agreement with us, that’s nowhere near as beneficial for us as a tri-lateral agreement with the three countries,” said the Professor. “It’s going to give us access to the Mexican market as well as the American market, in those areas that we are really competitive in.