Trump says 'we'll see' on NAFTA talks

Donald Trump

Trudeau is scheduled to visit Mexico City on October 12 and 13 after his two-day Washington's his first official visit to Mexico, with Trudeau's office saying he and President Enrique Pena Nieto will discuss trade issues.

The former House speaker and friend of the president says a deal will eventually be reached, after long and hard negotiations.

"So saying, I think it's been clear that circumstances are often challenging, and we have to be ready for anything - and we are".

President Trump welcomed Canadian Prime Minister Justin Trudeau to the White House Wednesday as round four of NAFTA negotiations are underway on the other side of town.

During his earlier visit to the White House, Trudeau listened intently as U.S. President Donald Trump hinted at the possibility of a free trade deal directly with Canada, should the ongoing talks collapse. "Otherwise, I believe you can't negotiate a good deal", Trump said in the Forbes interview.

Or perhaps separate bilateral deals with Canada and Mexico will be the way forward, the president suggested.

However, President Trump has long called for the pull out of NAFTA, because it is unfair to the U.S.

He blasted Trump for his "undue emphasis" on reducing the United States' US$64 billion trade deficit with Mexico. The Canadian prime minister is scheduled to visit Mexico on Thursday.

"We have to be prepared to say no, and if necessary to get up from the table and if necessary leave the treaty", Videgaray said, adding, "It would not be the end of the world".

"So saying, we are ready for anything and we will continue to work diligently to protect Canadian interests, to stand up for jobs, and look for opportunities for Canadian business and citizens of all of our friends and neighbour countries to do well". "Two countries that are interwoven in our economies and our cultures and our peoples", Trudeau said. The US is expected to propose substantially raising the regional requirement, from 62.5% now, and potentially add a US-specific content requirement.

The committee is dedicated to making sure the negotiations are successful, said Rep. Kevin Brady, the committee chair, who asked for Trudeau's help in keeping an open mind. U.S. Trade Representative Robert Lighthizer, Freeland and Mexican Economy Minister Ildefonso Guajardo are now expected to meet on October 17 to wrap up the latest round, according to officials familiar with plans who spoke on condition of anonymity.



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