Trump Says U.S. to Pursue Mexico Trade Deal to Replace Nafta
- Canada’s Freeland due in Washington for trade talks on Tuesday
- Peso and Canadian dollar advance, U.S. stocks hit record highs
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President Donald Trump said the U.S. is pursuing a new trade accord with Mexico to replace the North American Free Trade Agreement and called on Canada to join the deal soon or risk being left out.
Trump announced the agreement with Mexico in a hastily arranged Oval Office event Monday with Mexican President Enrique Pena Nieto joining by conference call. Pena Nieto said he is “quite hopeful” Canada would soon be incorporated in the revised agreement, while Trump said that remains to be seen but that he wanted those negotiations to begin quickly.