The new North American Trade deal will be called the United States-Mexico-Canada agreement, a senior Trump administration official said on Monday, according to Reuters.
Key points (Source: Reuters)
Trump to sign new trade agreement at the end of November, submit to Congress after that – official
Canada has agreed to eliminate ‘class 7’ milk protein pricing system, increase US Access to Canada’s dairy market beyond trans-pacific partnership levels-official
New North American trade deal does not make substantial changes to current chapter 19 trade dispute settlement mechanism, nor state-to-state dispute settlement-official
US official says keeping chapter 19 will not affect US enforcement of anti-dumping, anti-subsidy laws
A trade deal with Canada does not affect US Steel, aluminum tariffs currently levied on Canada-official
Discussions with Canada on steel, aluminum tariffs on ‘completely separate track’- US Official
If trump imposes autos tariffs, both Mexico and Canada will be accommodated in ‘side letters’- officiate
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