Canada Enters Major Trade Deal with US
October 1 , 2018
After a year of complex negotiations, Canada has decided to sign on to a deal between Mexico and the United States. This will preserve the North American Free Trade Agreement. However, the deal has been now renamed to United States-Mexico-Canada Agreement. The deal would help the farmers of the US to access the dairy market of Canada.
Canadian Foreign Affairs Minister Chrystia Freeland and the US Trade Representative Robert Lighthizer have released a joint statement: “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. We look forward to further deepening our close economic ties when this new agreement enters into force.”