Bloomberg
Talks to update the North American Free Trade Agreement (Nafta) will resume in Washington with a focus on dairy as the US pressures Canada to strike a deal by Friday, a US official familiar with the negotiations said.
Canada’s Foreign Minister Chrystia Freeland is expected to visit the Washington office of US Trade Representative Robert Lighthizer. This week’s Nafta showdown has Canada under the gun to either strike a deal both can live with, cave to President Donald Trump’s pressure tactics or dig in and see what the US will do.
Dairy is scheduled to be the main focus of the talks, the official said. Trump has previously said that Canada must reduce its tariffs on dairy, and dismantle a dairy system designed to avoid oversupply, to reach a deal. At the same time, the US has prepared scenarios that would allow Canadian negotiators to claim a win on other issues, allowing Prime Minister Justin Trudeau and his team to save face, two US officials said.
The US made clear that the deadline for an agreement in principle is Friday, with no wiggle room, one official said.