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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,643,917
Close 2018-01-12 C$ 84.83
Market Cap C$ 6,416,873,479
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Globe says Linamar, others hear Trump soften his tone

2018-01-15 07:13 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail reports in its Saturday edition that fears of NAFTA's demise may be overblown. The Globe's Adrian Morrow and Bill Curry write that President Donald Trump said the renegotiation of the North American free-trade agreement is "moving along nicely," while House Speaker Paul Ryan called for the United States to change the pact from within rather than abandon it. Canada expressed cautious optimism in the face of the softer tone -- but warned that Ottawa would not let down its guard. In a wide-ranging interview with The Wall Street Journal, Mr. Trump said he still planned to "terminate" NAFTA if a deal cannot be reached, but that he would prefer it did not come to that. "I would rather be able to negotiate," the President was quoted as saying in a transcript of the talks. "We've made a lot of headway. We're moving along nicely. Bob Lighthizer and others are working very hard, and we'll see what happens." Mr. Trump even suggested he might extend talks past his current deadline in March, to after the Mexican presidential election in July. He said he had no timetable for deciding whether to pull out of NAFTA. He was surprisingly positive compared with his administration's usual rhetoric.

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