US Markets

Canada PM: a 'little more work' is needed on USMCA trade deal

Credit: REUTERS/BLAIR GABLE

Canadian Prime Minister Justin Trudeau on Friday said a little more work needed to be done on a new continental trade deal which has run into opposition from some U.S. Democrats over labor and environmental provisions.

Adds quote from Trudeau, details, background

OTTAWA, Nov 29 (Reuters) - Canadian Prime Minister Justin Trudeau on Friday said a little more work needed to be done on a new continental trade deal which has run into opposition from some U.S. Democrats over labor and environmental provisions.

Officials are trying to agree on a series of tweaks to the U.S.-Mexico-Canada Agreement (USMCA) to overcome concerns that provisions aimed at ensuring Mexico lives up to commitments on labor reforms are not strong enough.

"There is still a little more work to do," Trudeau said ahead of a meeting with Mexican Deputy Foreign Minister Jesus Seade. "Canada is extremely supportive of Mexico's steps towards labor reforms."

Seade, the Mexican official in charge of USMCA negotiations, was due to hold talks on Friday with Canadian Deputy Prime Minister Chrystia Freeland.

Seade said on Wednesday that adjustments could be made to how labor disputes are handled to help push through USMCA ratification. But earlier in the week he said Mexico would not accept what he called intrusive U.S. demands for greater labor market oversight.

Mexico is the only one of the three nations to ratify the deal, which was signed almost exactly a year ago. Canada says it will move in tandem with the United States.

(Reporting by David Ljunggren Editing by Chizu Nomiyama and Chris Reese)

((david.ljunggren@thomsonreuters.com; +1 613 235 6745; fax +1 613 235 5890; Reuters Messaging: david.ljunggren.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest US Markets Videos

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More