US, Canada Reach NAFTA Deal After Emergency Meeting: Reports

Reports cited a high-level American source as saying the US and Canada had reached an agreement for the NAFTA and that a joint statement was expected.

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US, Canada Reach NAFTA Deal After Emergency Meeting: Reports

Word of an agreement followed an emergency cabinet meeting called by Justin Trudeau


Ottawa: 

Canadian and US negotiators reached a deal late Sunday on reforming the North American Free Trade Agreement (NAFTA), Canadian media reported.

CTV cited a high-level American source as saying the two sides had reached an agreement and that a joint statement was expected.

Another Canadian channel, CBC, said a "senior source" confirmed that a deal had been reached on significant sections of a new NAFTA.

Word of an agreement followed an emergency cabinet meeting called by Canadian Prime Minister Justin Trudeau at 10:00 pm (0200 GMT) -- two hours ahead of a midnight deadline for getting the text of a revised agreement to the United States Congress.

US President Donald Trump triggered a review of the 1994 trade pact and talks between the US, Canada and Mexico began last August, after Trump called it "one of the worst trade deals in history."



(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


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