Canada and US strike late-night NAFTA deal

Canada agreed late Sunday to sign on to the trade deal between the United States and Mexico, changing the three-country North American Free Trade Agreement (NAFTA) after more than a year of tough negotiations.

The name of the new deal: The “United States-Mexico-Canada Agreement”

… Or Uz-Ma-Ca , as no one will likely call it except me….

“It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home,” said US Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland in a joint statement.

 

Ahead of this weekend’s negotiations, several US lawmakers had warned that they would not support a deal without Canada.

“It would be a monumental mistake to do this without Canada,” US Senator Ron Wyden of Oregon told CNN.

Canada and Mexico are the United States’ second and third largest trading partners after China.

More on this story as it progresses.

Market Monday.

Cheers.

Kelly

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