Canada may not succeed in reducing its reliance on the United States if a free trade deal with the EU fails.
German Chancellor Angela Merkel has rebuked the "America First" approach to free trade of US President Donald Trump. Meeting in Brussels, European and Asian leaders have pledged to create "win-win" situations.
With the clock ticking, the US and Canada have reached a new trilateral trade deal with Mexico. Called USMCA, the pact will create a revamped NAFTA with key sections focusing on auto imports and Canada's dairy market.
Washington is looking to fix "chronic" trade imbalances by negotiating trade agreements with the UK, the EU, and Japan, US officials have said. Donald Trump's efforts to cut trade deficit have so far been unsuccessful.
The Italian government has reiterated its opposition to the CETA free trade deal between the European Union and Canada. The deputy prime minister said parliament would not ratify the agreement formally signed in 2016.
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