Economy

Trudeau still bullish on NAFTA, but admits Canada is 'ready for anything'

Trudeau still bullish on NAFTA, but admits Canada is 'ready for anything'”

Trudeau joined Trump in the Oval Office at the start of a new round of talks over the North American Free Trade Agreement, which the US president has threatened to withdraw from if he can't negotiate a better agreement with Canada and Mexico. It's time after all of these years and we'll see what happens.

"We're negotiating a NAFTA deal".

Trump was speaking in the Oval Office beside Canadian Prime Minister Justin Trudeau, who is trying to convince the USA president of NAFTA's merits as a new round of renegotiations began on Wednesday near Washington.

"We have to protect our workers and in all fairness the prime minister wants to protect Canada and his people also".

"I continue to believe in NAFTA; I continue to believe that as a continent working together in complementary ways is better for our citizens and better for economic growth, and allows us to compete on a stronger footing with the global economy", Trudeau said.

Mexican Foreign Minister Luis Videgaray warned that an end to NAFTA would mark a breaking point in US-Mexican relations and affect bilateral co-operation in non-trade areas.

This comes as trade officials announce NAFTA talks in Washington will be extended for two more days.

Speaking to reporters at the Canadian Embassy after his meeting, Trudeau told reporters that it was possible to get a "win-win-win" from the negotiations but stressed that Canada was "ready for anything".

Mr Trudeau said he "highlighted to the president how much we disagree vehemently" on the decision to impose anti-dumping duties.

The former prime minister is in Washington to discuss the fate of the ongoing trade negotiations, making rare public comments on a current political issue.

US -based Boeing alleges that Bombardier gets unfair subsidies from the Canadian and British governments.

The NAFTA talks were to kick off with a discussion of government procurement, already a thorny subject - US negotiators suggested during the last round in Ottawa that they want to limit Canadian and Mexican access to USA projects.

Trudeau is scheduled to visit Mexico on Thursday to hold additional discussions on NAFTA.

In his meeting with Trump, Trudeau was expected to remind the president that Canada is the United States' biggest export customer, with largely balanced two-way goods and services trade, and is not the cause of USA manufacturing jobs lost under NAFTA, Canadian officials said.

Prime Minister Justin Trudeau received a warm personal welcome Wednesday as he sat down with influential American businesswomen and congressional lawmakers.

Trudeau and his wife, Sophie Grégoire Trudeau, were greeted by the Trumps at the South Portico at the start of their visit.



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