Canada Rejoins <br />US and Mexico for NAFTA Talks The three countries have <br />a Friday deadline to revamp the 24-year-old <br />North American Free Trade Agreement (NAFTA). The U.S. and Mexico have been <br />engaged in bilateral talks that were <br />praised by Canada's top negotiator. Mexico made "difficult" concessions <br />to the U.S. on autos and labor rights. The U.S.-Mexico deal allows for a <br />25 % tariff to be imposed on imports <br />of Mexican-made passenger vehicles <br />above a 2.4 million cap. Canadian Foreign Minister <br />Chrystia Freeland Chrystia Freeland, Canadian Foreign Minister, via CNBC Earlier in the week, Trump threatened <br />to levy tariffs solely on Canada if the <br />country did not make concessions <br />of its own. Sticking points on the table for <br />Canada in the revised NAFTA deal Trade among the U.S., Mexico <br />and Canada totals more than <br />$1.2 trillion a year.
