World

Canada, Mexico urge renewal of free trade deal with US

Canada and Mexico have called for a 16-year renewal of the North American Free Trade Agreement with the United States, in hopes of binding the three countries to a pact that President Donald Trump has questioned.

In a letter on Monday, Ottawa’s minister in charge of Canada-US trade, Dominic LeBlanc, said, “Canada recommends the renewal of the agreement for another 16 years.”

Addressed to US Trade Representative Jamieson Greer and Mexico’s Economy Secretary Marcelo Ebrard, the letter was penned a day before LeBlanc headed to Washington for talks on the future of the United States-Canada-Mexico Agreement (USMCA).

Afterwards, LeBlanc called Tuesday’s meeting “positive,” adding that discussions will continue in “coming days and weeks.”

At a press conference in Mexico City, Ebrard echoed the call for “the agreement to be extended for 16 years.”

The agreement is vital for Canada and Mexico, as the US is their main trading partner and the destination for 75 and 80 percent of their exports, respectively.

Parties to the USMCA have until July 1 to indicate whether they simply want to renew the agreement or renegotiate.

Trump signed and praised the USMCA during his first term but now calls the deal “irrelevant.”

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