<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div class=""><span style="font-size: 11pt; font-family: Calibri, sans-serif;" class="">INSIDE US TRADE</span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""></o:p></div><h1 style="margin-right: 0in; margin-left: 0in; font-size: 24pt; font-family: 'Times New Roman', serif;" class="">Freeland says no deal yet; Mexican negotiator says one could come by this weekend<o:p class=""></o:p></h1><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class="">September 05, 2018 <o:p class=""></o:p></div><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">Canadian Foreign Affairs Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer concluded North American Free Trade Agreement talks on Wednesday with no deal – though Mexico's chief NAFTA negotiator said he thought an agreement could be reached by this weekend.<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">Freeland told reporters after the meeting ended that their staffs would continue to work into the evening and “probably late into the night”.<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">“We set them a number of issues to work on and they will report back to us in the morning and we will then continue our negotiations,” Freeland said.<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">Canadian Prime Minister Justin Trudeau reiterated on Wednesday that the inclusion of a trade remedy dispute settlement system and cultural exemptions continue to be <a href="https://insidetrade.com/node/164287" style="color: rgb(149, 79, 114);" class="">red lines for Canada</a>, adding that Canada could be willing to further negotiate the opening up of its dairy market.<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">President Trump said in a meeting with congressional Republican leaders on Wednesday afternoon that the U.S. and Canada should be striking a deal “over the next two or three days,” suggesting the bilateral negotiations could even conclude on Wednesday.<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">“We'll see how it all works out,” Trump said. “We don't want NAFTA. NAFTA has been very bad for our country. But we'll have a trade bill.”<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">When asked if Trump’s time line was realistic, Freeland told reporters “my negotiating counterparty is Ambassador Lighthizer.... I think that question is really to the president.”<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">Mexico’s chief NAFTA negotiator, Kenneth Smith Ramos, said on Wednesday at <a href="https://www.eleconomista.com.mx/empresas/Equipo-negociador-mexicano-espera-un-entendimiento-EU-Canada-este-viernes-20180905-0055.html" style="color: rgb(149, 79, 114);" class="">forum</a> organized by Canalum, a Mexican aluminum industry group, that he foresaw a U.S.-Canada deal by Friday or Saturday, at which point trilateral discussions could begin.<o:p class=""></o:p></p><p style="margin-right: 0in; margin-left: 0in; font-size: 12pt; font-family: 'Times New Roman', serif;" class="">The text of the agreement must be submitted to Congress by Oct. 1 in order to meet the time line set by the 2015 Trade Promotion Authority law after the Trump administration last Friday notified lawmakers of its intent to forge a new deal with Mexico – and with Canada “if it is willing.”</p><div class=""><br class=""></div><div class="">
<span class="Apple-style-span" style="border-collapse: separate; border-spacing: 0px;"><span class="Apple-style-span" style="border-collapse: separate; color: rgb(0, 0, 0); font-family: Helvetica; font-size: 12px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-border-horizontal-spacing: 0px; -webkit-border-vertical-spacing: 0px; -webkit-text-decorations-in-effect: none; -webkit-text-size-adjust: auto; -webkit-text-stroke-width: 0px; "><div style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; " class=""><div class="">Arthur Stamoulis</div><div class="">Citizens Trade Campaign</div><div class="">(202) 494-8826</div><div class=""><br class=""></div></div></span><br class="Apple-interchange-newline"></span><br class="Apple-interchange-newline">
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