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Wednesday, January 3, 2018

NAFTA 2.0 Talks Keeping Canada's PM Trudeau Up at Night

Talks between the U.S., Canada and Mexico to update the North American Free Trade Agreement (NAFTA) talks are the source of angst for Canadian Prime Minister Justin Trudeau. In comments to Global News, Trudeau said the NAFTA 2.0 talks are what keeps him up at night. "There’s a level of unpredictability" relative to the talks, Trudeau stated. "We know if the relationship with the U.S. goes sour, we could be doing everything right at home and our economy would still end up suffering." But despite that situation, Trudeau warned he will not sign a deal just to have one. "I’m not going to sign any deal at any cost," Trudeau told Global News. "If it’s a bad deal, I’m going to walk away from it, because no deal is better than a bad deal for Canadians." The makeup of the whole package is key, not whether certain items are "red lines" in the talks, he noted. The next round of talks takes place January 23-28 in Montreal.