“NAFTA can be modernized but not eliminated,” Alarie told the Spanish-language Mexican newspaper Reforma on Wednesday. The Canadian Ambassador to Mexico has reassured Mexico that Canada remains committed to NAFTA after reports saying Canada officials are prepared to go it alone on trade negotiations with the U.S. sparked anger south of the Rio Grande late last month. Details of that conversation and of Canadian official expectations for trade negotiations with the Trump administration remain unclear. Alarie told Reforma the idea of a 20-per-cent tariff is unworkable. “We are in a moment when we don’t know exactly what the U.S. administration wants,” Alarie told Reforma.

Source: thestar February 02, 2017 23:26 UTC