Trade pact is signed, but U.S.-Canada rift remains

He has called Justin Trudeau “very dishonest and weak.” He also, perhaps jokingly, accused Canada — which came into formal being in 1867 — of burning down the White House during the War of 1812.But on Friday, as President Donald Trump, Mr. Trudeau and Mexico’s President, Enrique Peña Nieto, signed a North American trade pact after 14 months of acrimonious negotiations, the leaders of the United States and Canada appeared cordial — Mr. Trudeau even addressed his counterpart as “Donald” — even as their words and body language in recent months have suggested that their once-warm rapport had become as icy as a Canadian winter.In negotiating the United States-Mexico-Canada Agreement, Canada won concessions, including a dispute-resolution system for companies that feel unfairly targeted with taxes. It will also receive exemptions from any future U.S. tariffs on 2.6 million imported passenger vehicles. In return, Canada agreed to, among other things, Mr. Trump’s repeated demands that it crack open its long-protected dairy market.

Source : https://www.thehindu.com/todays-paper/tp-international/trade-pact-is-signed-but-us-canada-rift-remains/article25638786.ece

About ChinmayaIAS Academy - Current Affairs

Check Also

India- Russia Relationship

India and Russia appear eager to reestablish their relations in the modern world. The significant …

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates