U.S.-Canada Trade Talks Constructive But Not Quite Done Yet

U.S. and Canadian negotiators started a second day of talks aimed at rescuing the North American Free Trade Agreement on Thursday as the deadline for a deal this week, set out by U.S. President Donald Trump, inched ever closer.

USD/CAD for Sept. 6, 2018.

USD/CAD for Sept. 6, 2018.

Aides to the U.S. and Canadian sides worked late into the night after the talks started in Washington on Wednesday, suggesting that areas for potential progress in the talks had been identified.

Canada’s top trade negotiator, Foreign Minister Chrystia Freeland repeated that the talks had been “constructive and positive” as she entered the United Trade Representative building in downtown Washington.

“Yesterday evening and really late into the night and early his morning, our officials – both the Canadian and U.S. officials – did a great deal of technical work on a number of issues,” Freeland said, without elaborating.

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