Canadian Prime Minister Justin Trudeau discussed with Trump on phone yesterday on brining NFATA renegotiation to a “prompt conclusion”. But US Commerce Secretary Wilbur Ross side that none of the “big hot topics” were resolved as the May 17 deadline looms. He added hose are “very complex issues”, and are still “a work in progress”.
It’s reported that, according to sources”, there is no plan for Mexican Economy Minister Ildefonso Guajardo or Canadian Foreign Minister Chrystia Freeland, and U.S. Trade Representative Robert Lighthizer to meet this week. It’s unlikely for any breakthrough in the negotiation.
Currently, Canada and Mexico have their US steel tariffs exemption extended to June 1. Ross said, “depending on where we are on NAFTA on June 1, the president will decide whether or not to extend their situation.” And “it’s unforecastable at the moment.”
