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Crunch Time (Again) for NAFTA

Deal likely needed Thursday for Sept. 30 trilateral deadline


U.S.-Canada trade talks are poised to come to a head this week, as negotiators bear down on their next deadline amid President Trump’s threats to cut his largest export market out of the deal, reports Bloomberg.

High-level negotiations are expected to resume this week in a bid to reach a deal for Canada to remain in the three-nation North American Free Trade Agreement, a Canadian government official said, speaking on condition of anonymity. Congress is pressing for Canada to be kept in NAFTA, after the U.S. and Mexico struck their own deal last month.

There are no high-level talks scheduled Monday, and the middle of this week -- probably Thursday -- is considered the next deadline to reach a handshake deal that could be converted into legal text by the end of this month, the official said.

Read the sticking points here.

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