Talks to update the North American Free Trade Agreement (Nafta) are edging towards their next deadline with signs of optimism from President Donald Trump, as the US and Canada push to resolve enough differences to trigger a countdown to sign a new deal. Trump and Canadian Prime Minister Justin Trudeau signalled on Wednesday an accord could be reached. "We’re doing really well," Trump told reporters at the White House. "They want to be part of the deal. And we gave ’til Friday and I think we’re probably on track." Trudeau acknowledged the Friday deadline cited by Trump and said they were pushing towards it but will only sign the "right deal." The tone sounded more positive than a Monday news conference at the White House, where Trump called outgoing Mexican President Enrique Pena Nieto on speakerphone to announce a two-country deal to redo Nafta. He urged Canada to take it or leave it and threatened to apply new tariffs on Canadian automotive exports otherwise. Ministers Meet The tal...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.