{"id":44610,"date":"2018-06-07T18:02:55","date_gmt":"2018-06-07T12:32:55","guid":{"rendered":"https:\/\/apnlive.com\/?p=44610"},"modified":"2018-06-07T18:09:10","modified_gmt":"2018-06-07T12:39:10","slug":"canada-pm-trudeau-rejects-trumps-proposal-to-scrap-nafta","status":"publish","type":"post","link":"https:\/\/apnlive.com\/world-news\/canada-pm-trudeau-rejects-trumps-proposal-to-scrap-nafta\/","title":{"rendered":"Canada PM Trudeau rejects Trump\u2019s proposal to scrap NAFTA"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]Due to Trump\u2019s approach G7 Summit may not bring Joint <\/em>Communiqu\u00e9 <\/em><\/p>\n Amidst worldwide criticism of withdrawing from Iran nuclear deal, US President Donald Trump has now been facing opposition from its northern neighbor. Canadian Prime Minister Justin Trudeau has rejected a proposal by Washington to scrap the North American Free Trade Agreement (NAFTA) and adopt a bilateral trade pact.<\/p>\n According to a video available at Ottawa Citizen Newspaper, PM Trudeau on Wednesday said, “We have, on various occasions, heard the president speak about his interest or his musings about a bilateral deal instead of the trilateral NAFTA that we have. Canada’s position is, and always has been, that the trilateral approach is actually better for Canada, for Mexico and for the United States,” he added.[\/vc_column_text][vc_column_text]While referring to the upcoming G7 Summit, Justin Trudeau told reporters, \u201cWe know certainly that there will be frank and sometimes difficult discussions around G7 table, particularly with the US president on tariffs\u201d.<\/p>\n On Tuesday, the White House announced that US President Donald Trump<\/a> wishes to engage in separate agreements with Canada and Mexico instead of remaining in the trilateral deal known as NAFTA.<\/p>\n <\/a><\/p>\n White House economic adviser Larry Kudlow had reportedly said thatPresident Trump is thinking about ways to dismantle the current trilateral structure of the deal and devise a bilateral basis to negotiate new terms with Canada and Mexico one on one, separately.<\/p>\n During 2016 election campaign Donlad Trump has repeatedly said that he would pull the US out of NAFTA which was signed by the US, Canada, and Mexico back in 1994. He claims that pulling out of the deal would serve well to US national interests.<\/p>\n Trump has described NAFTA as the \u201csingle worst trade deal ever approved\u201d by the US,\u00a0and claimed that it has led to the outsourcing of thousands of jobs from the US to Mexico and China.<\/p>\n Canada and Mexico, both the neighbors are strongly opposing Trump’s threat\u00a0of canceling the existing trilateral deal and renegotiating new terms for individual country.<\/p>\n Moreover, Canada\u2019s Trade Minister Francois Philippe Champagne has said that the world economic order was \u201cunder attack,\u201d after Trump implemented tariffs on steel and aluminum from major US trading partners, including Canada and the European Union. \u201cWhat we are seeing is that the world economic order is under pressure, under attack,\u201d\u00a0said Champagne.<\/p>\n On Friday, Trump told Canada and the European Union to do more to bring down their trade surpluses, a day after hitting the two US allies and Mexico with import tariffs on their steel and aluminum.<\/p>\n