The US hopes to find common ground on trade with Canada after reaching a preliminary agreement with Mexico. US Treasury Secretary Steven Mnuchin is confident that the two countries can strike a deal by the end of this week.
The US has dropped steel and aluminum tariffs on Canada and Mexico. The tariffs had stood for just under a year and were part of a bitter trade dispute between the North American trading partners.
Freeland, speaking alongside US counterpart Mike Pompeo, said it was a point of agreement between the allies. Earlier Friday, Canada said its ambassador was given access to one of two Canadians jailed in China this week.
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.
As the US and Mexico unveil a reworked trade agreement, the old one's third leg, Canada, said its signature is needed and it may not sign it. But what have the US and Mexico agreed and how much leverage does Ottawa have?
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