Speaking to a high-profile gathering of American state governors, Canada’s Minister of Transport MARC GARNEAU said time is running out to ratify the United States-Mexico-Canada trade deal – otherwise known as ‘new’ NAFTA (or in some quarters USMCA).
MARC GARNEAU also said that Canada would lift its own tariff counter-measures on $16.6-billion worth of American imports. These are affecting many US companies, especially among the northern states. And they’re certainly not doing Canada any good either.
Once the tariffs on Canadian steel (25%) and aluminum (10%) are removed by Donald Trump’s government, the negotiated agreement will be signed. Until then – it’s no deal for Canada.