US, Canada seek extending NAFTA talks into the summer

US, Canada seek extending NAFTA talks into the summer

Canadian Foreign Minister Chrystia Freeland said Friday that her country was open to at least one suggestion of President Trump's regarding the North American Free Trade Agreement — extending the talks into the summer.

In an interview with the Wall Street Journal published Friday, Trump indicated that he would like to see the current talks between the U.S., Canada, and Mexico to renegotiate the 1993 deal extended past Mexico's July presidential election.

The talks have not gone well for the U.S. Canadian and Mexican officials rejected U.S. demands to change the rules for determining when a product can be labeled as "made in America" or "made in the U.S.A.," arguing that the changes would damage the auto industry, whose supply chain is spread throughout the continent.

In the same Wall Street Journal interview, Trump reiterated that the U.S. would pullout of NAFTA entirely if the U.S. demands are not met.

Canadian officials on Wednesday told Reuters they are increasingly convinced that Trump would pull the U.S. out of NAFTA, while Mexican officials said the country would pull out of the free-trade deal if the U.S. does.

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