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Globe says GM, others hear envoy preview NAFTA strategy

2017-07-21 07:53 ET - In the News

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The Globe and Mail reports in its Friday, July 21, edition that the renegotiation of the North American free-trade agreement must focus on finding changes to the deal that U.S. President Donald Trump can claim as victories, but that will not be harmful to Canada or Mexico, says David MacNaughton, Canada's envoy to Washington. The Globe's Adrian Morrow writes that in a sneak preview of Ottawa's strategy for the high-stakes trade talks, Mr. MacNaughton told a forum in the U.S. capital on Thursday that NAFTA's supporters cannot simply defend the trade deal in its current form. Instead, he suggested, the game will be to propose improvements to the pact that will benefit everyone, but that Mr. Trump can also sell to his base as fulfilment of his campaign promise to overhaul the deal. "We have to find ways where he can declare victory without it being seen in either Mexico or Canada as being a loss," said Mr. MacNaughton. He cited incorporating e-commerce provisions into NAFTA as one possible example of an improvement all three parties could agree on. "If all we're doing is defending the status quo, I'll tell you, I think we're going to lose," he said.

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