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Canada-US reach deal to stay in trade pact with Mexico

Canada and the United States reach a deal for Canada to stay in a free trade pact with the U.S. and Mexico

Reported by: AP Published on: October 01, 2018 11:30 IST
Canada-US reach deal to stay in trade pact with Mexico
Image Source : AP Canada-US reach deal to stay in trade pact with Mexico

TORONTO (AP) — Canada is back in a revamped North American free trade deal with the United States and Mexico after weeks of bitter, high-pressure negotiations that brushed up against a midnight deadline.

In a joint statement, U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland say the agreement "will strengthen the middle class, and create good, well-paying jobs and new opportunities..."

The new deal, reached just before a midnight deadline imposed by the U.S., will be called the United States-Mexico-Canada Agreement. It replaces the 24-year-old North American Free Trade Agreement, which President Donald Trump had called a job-killing disaster.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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