The U.S., Canada and Mexico are set to sign their new trade deal Friday following a year of intense negotiations to revamp the continent’s free trade zone — and after President Donald Trump’s threats to kill it. The national flags of the United States, Canada and Mexico fly in the breeze in New Orleans where leaders of the North American Free Trade Agreement met. Some parts will kick in immediately, such as a deal exempting Canada and Mexico from U.S. auto tariffs. The pact would update a 1994 deal between the countries, which trade more than $1 trillion annually. Canada struck a deal with the U.S. on Sept. 30 to avoid the U.S. and Mexico proceeding without it.

Source: thestar November 29, 2018 17:48 UTC