Dispute resolution a bargaining chip for Canada, former PM Campbell says

Dispute resolution a bargaining chip for Canada, former PM Campbell says

"We sent them (the officials) a number of issues to work on and they will report back to us in the morning, and we will then continue our negotiations", Freeland told reporters on leaving the U.S. Trade Representative's office in Washington on Wednesday.

Canada insisted there was still room to salvage the North American Free Trade Agreement as its officials met U.S. negotiators for a second round of talks yesterday. During those negotiations, the Canadian government walked away from the negotiating table over a disagreement with the United States about Chapter 19 for the FTA.

Post-NAFTA, Canadians may dream they can rely on the Canada-U. "I think the relationship between Canada and the USA is so close and deep", he says, "that it will take more than one president to destroy it".

President Donald Trump on the trade negotiations between the USA and Canada.

The president's comments came a day after Democrat Ron Wyden, ranking member of the Senate Finance Committee that oversees trade, criticized the administration for excluding Canada from its Nafta deal.

Canada enters Wednesday's talks with some strength on preserving Chapter 19 because American companies need its anti-dumping safeguards more than Canada's, according to Toronto trade lawyer Cyndee Todgham Cherniak. "So ensuring that we continue to control our news, our broadcasts, our airwaves and our media is really - keeping it in Canada and independent - is something that's really important to us".

Under congressional rules for passing trade agreements, the administration must publicly release text of the agreement 60 days before any signing, meaning wrapping up the U.S.

The overall goal is to reach a deal by December 1 so Congress can give its approval to a new NAFTA before Mexico's new president takes office.

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In a statement Wednesday, the Bank of Canada said more hikes should be expected thanks to encouraging numbers for business investment, exports and evidence that households are adjusting to pricier borrowing costs.

"We're not saying we don't want to move swiftly to try and get a deal".

He put pressure on Canada to join the U.S. -Mexico deal, but after fresh talks restarted last week Ottawa and Washington have so far been unable to reach an agreement.

After the United States and Mexico reached an agreement on new rules for auto trade, and tougher protections for workers and intellectual property, talks with Canada were hung up on the mechanisms used to resolve disputes among partners, and on Ottawa's strictly controlled dairy sector.

Trudeau insisted that cultural exemptions remain a red line for the Canadian negotiating team and left the door open for tweaks to Canada's supply managed agriculture systems - a known irritant with U.S. President Donald Trump. She compared the trade negotiation to the advice a midwife gave her on giving birth: "You never knew for sure how many contractions it would take to give birth to your child but you knew that each contraction was one contraction closer to the end". As the process grinds on, some in Washington insist Trump can not pull out of NAFTA without the approval of Congress.

The sudden emergence of Canada's exemption for its cultural industries as a late-stage NAFTA snag is being met by skepticism from trade experts who have closely followed the deal's year-long renegotiation.

The battle with Canada is building as the White House also prepares to roll out new tariffs on products from China that make up some $200 billion in annual trade in the most significant batch of duties yet aimed at Beijing.

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