· US and Mexico announce trade deal
· Canada Foreign Minister “encouraged” by news
· Nafta no more- Trump Calls it a US/Mexico Trade deal
President Trump announced that Mexico and the United States have reached an accord on trade.
President Trump said he would terminate Nafta saying “has a bad connotation because the United States was hurt very badly by Nafta for many years.”
President Trump said it was easy for Canada to sign now or if they don’t pay 25% tariffs on cars.
Canada was not a party to the discussions.
Ms Freeland’s point becomes mute if Trump scraps the Nafta deal, like he said
USDCAD dropped on the news but support in the 1.2940-60 zone has held