By next week the U.S. and Mexico will probably wrap up a two-way NAFTA deal leaving Canada to find a way to make itself relevant and carve out a fair deal.
However, that seems like an uphill battle because of the American demands that Canada scrap its supply-management system for dairy production, tighten its protection of intellectual-property rights and agree to disband NAFTA’s “Chapter-19” dispute-resolution system for countervailing and anti-dumping duties.
If nothing is agreed upon, it could mean Canada will continue to face U.S. tariffs on steel and aluminum – and possibly on automobiles exported to the States – well after Mexico is freed from the levies.
A lot is at stake if an agreement is not on the table. -CINEWS