Canada Recommends Renewal of USMCA for 16 Years: Trade Minister

Canada is recommending renewal of the North American trade agreement for 16 years, the country’s minister responsible for US trade says in letter to his US and Mexican counterparts.

• The US-Mexico-Canada Agreement is “highly beneficial” to all countries and North America is one of the most successful economic regions in the world, Dominic LeBlanc says
• He says Canada recognizes that either or both parties might propose areas where improvements may be warranted, and Canada is willing to consider proposals
• “In parallel, discussions with the United States on addressing sectoral tariffs will be essential,” he says
• NOTE: Trade Minister Goes Back ...