Canada has no appetite to revise USMCA, chief negotiator says

Wall Street Journal: Janice Charette said she doesn’t expect an agreement among the parties before July 1, when a formal U.S.-led review of the U.S.-Mexico-Canada trade treaty, or USMCA, is set to begin in earnest. She added that she is also seeking relief from hefty U.S. tariffs of up to 50% on key industrial sectors such as steel, automobiles, and aluminum. Canada is America’s largest supplier of both steel and aluminum.

“My instructions are very much about protecting the fundamentals of this agreement, not revisiting them,” Charette said at a conference in the capital, organized by the Canadian Chamber of Commerce. “There is no need to renegotiate, there’s no need to open [the treaty] up and change the fundamental underpinnings of it. It is a robust agreement.”…

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