Friday, July 4, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > Opinion > Canadians prepare for a different NAFTA

Canadians prepare for a different NAFTA

in Opinion
Canadians prepare for a different NAFTA
Share on LinkedinShare on WhatsApp

Canada needs to take a clear-eyed review on its NAFTA strategy.

As NAFTA talks turn frigid, congressional report backs Canada’s view of trade deficits. A senior Canadian official said The Toronto Star newspaper is a reminder that Congress will have a major say in the future of the deal.

The Trudeau government is taking a measure of comfort in a new report by the U.S. Congress that casts doubt on one of U.S. President Donald Trump’s priorities for renegotiating the North American Free Trade Agreement.

The Congressional Research Service says in a report issued last week that there is no clear path for Trump to reduce the U.S. trade deficit with Mexico, one of his major complaints and an overarching priority for revamping a pact he has repeatedly threatened to tear up.

“It is understandable why Mexico prefers three-way talks –to benefit from Canadian support in countering unacceptable U.S. demands while at the same time deflecting American attention toward a second punching bag–. It is less obvious why it is in Canada’s national interest to maintain solidarity with our Mexican partners on three-way negotiations”, wrote Andrei Sulzenko, a former trade negotiator and is currently an executive fellow at the School of Public Policy, University of Calgary.

The Congressional report emerged just as the fourth round of NAFTA talks was ending in Washington, exposing for all to see the massive gap between the negotiating parties on most of the major issues, including dairy, autos, the pact’s enforcement mechanisms and a controversial U.S. request for a five-year sunset clause.

A senior Canadian official, speaking on condition of anonymity because of the sensitivity of the talks as reported by The Toronto Star, said the report is an affirmation of everything the government has done to lobby Congress on the merits of the deal and its open trade flows between the two countries.

It would make sense for Canada to take the initiative at the resumption of negotiations and propose the parsing of issues into three bilateral groupings: U.S.-Mexico; Canada-U.S.; and Canada-Mexico (the latter for the sake of symmetry rather than immediate importance).

Such an approach would not necessarily pre-empt an eventual three-way umbrella agreement, but it would provide a clearer path to the more likely successful negotiation of a new bilateral arrangement between Canada and the United States.

“In this scenario, what about the U.S.-Mexico bilateral discussions? Each party will no doubt vigorously defend its interests. Canada should not get in the crossfire between them. That is not in our national interest”, concluded Sulzenko.

Tags: CanadaNAFTA

Related Posts

How a Data-Driven Mindset Powers McAfee’s Growth
Opinion

How a Data-Driven Mindset Powers McAfee’s Growth

Blackstone’s Jon Gray on Strategic Discipline, AI, and Entrepreneurial Leadership
Opinion

Blackstone’s Jon Gray on Strategic Discipline, AI, and Entrepreneurial Leadership

Canada, India move closer to trade deal
Opinion

Informing Strategic Planning Amid Tariff Uncertainty for Canadian Municipalities

A paradigm shift in supply chain operations: From agent-led to AI-led
Opinion

A paradigm shift in supply chain operations: From agent-led to AI-led

6 steps toward your retirement goals
Opinion

6 steps toward your retirement goals

Dollar continues record rally
Opinion

U.S. Economic Confidence Slightly Improved, Still Negative

How U.S. steel and aluminum tariffs would impact Canada’s economy
Opinion

The impact of US trade policy on jobs and inflation in Canada

Key Takeaways From Treasury’s Foreign Exchange Report
Opinion

Key Takeaways From Treasury’s Foreign Exchange Report

CVCA CEO Kim Furlong to step down
Opinion

What I’ve learned about building winning businesses

Inspiring vs. Infuriating: The Science Behind Great Leadership
Opinion

Inspiring vs. Infuriating: The Science Behind Great Leadership

No Result
View All Result

Recent Posts

  • Beyond the Machine: Why Human-Made Art Matters More in the Age of AI
  • 7 Benefits of High Intensity Interval Training
  • Paramount CEO explains why company paid Trump millions in ’60 Minutes’ settlement
  • SAS CEO announces Air France–KLM to become majority owner
  • Trump sends letter warning of 70% tariffs

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.