Official says basis of Canada-US deal reached

Clock ticks down on potential Sunday NAFTA deadline

A new era in North American free trade dawned in the dead of night Sunday as a 14-month NAFTA modernization effort between Canada, the US and Mexico finally came to fruition with just hours to spare before an end-of-weekend deadline.

Peter Navarro, an adviser to Trump on trade, told Fox News: "Everybody is negotiating in good faith right now as we speak".

US President Donald Trump (L) is greeted by Canadian Prime Minister Justin Trudeau during the G7 Summit in La Malbaie, Quebec, Canada, June 8, 2018.

Dairy access was a key US demand, made repeatedly by Trump, though the USA already exports about $500 million of milk products duty-free to Canada every year.

Good morning: The United States and Canada have reached a last-gasp deal to replace Nafta, the North American free trade agreement.

"They used to call it NAFTA", said Trump after a deal had been reached with Mexico.

Canada's The Globe and Mail cited four sources as saying an outline of a deal had been reached but Trump and Trudeau still needed to approve it.

One of the toughest obstacles was Canada's demand for an exemption or other form of protection from the president's tariffs on imported steel and aluminum, which may potentially be extended to automobiles from Canadian factories.

Key U.S. lawmakers have called for the three-nation format to continue, meaning Congress may delay a new agreement that doesn't include its northern neighbour.

Google revamps 'Feed' feature, names it 'Discover'
After tapping, the gift box plays a YouTube video that animates popular searches from around the globe over the past two decades. The company further updated Feed in 2017, bringing "Trending" and the ability to follow topics that you're interested in.

The U.S., in turn, has agreed to preserve the "Chapter-19" mechanism for resolving disputes over anti-dumping and anti-subsidy duties, but with some limitations to address American concerns about the tool usurping domestic courts and undermining its sovereignty, the person said.

Additionally, Mexico will get an auto parts quota of $108 billion annually, while Canada will get a parts quota of $32.4 billion annually in the event of US autos tariffs.

On the matter of Section 232 tariffs, Trump's trade weapon of choice, USA officials told a late-night conference call with reporters that the two sides had "reached an accommodation" on the issue. The access level is reportedly identical to what Canada agreed to give up as part of the Trans-Pacific Partnership (TPP), out of which Trump pulled the United States early in his tenure.

The U.S. reached an agreement-in-principle with Mexico in late August and wants it approved before the Mexican President Enrique Peña Nieto leaves office November 30. In August a year ago, he started a review of the trade pact with Mexico and Canada that opened up negotiations.

While TPA gives Trump the ability to send a deal to Congress for a simple majority vote, it also includes a statutory 60-day notification period.

Daniel Ujczo, a trade attorney with the Dickinson Wright law firm who has followed the talks closely, said he expects the United States to get more access to the Canadian dairy market.

Talks hit a wall after US President Trump threatened to drop the trilateral nature of NAFTA if Canada didn't make key concessions to get brought on-board with the deal that has been reached between the US and Mexico.

Both Ujczo and Hassan Yussuff, the head of the Canadian Labour Congress and a member of the federal government's NAFTA advisory council who was also briefed on the talks Sunday, say the question of how to deal with the 232 tariffs remains the central issue.

A series of calls the Prime Minister made to the chief executive officers of Canada's five largest banks leading into the weekend marked the culmination of months of back-channel communications between banks and government officials.

Related news:

Hot News

Kanye Says He Now Goes By 'YE' Just Prior To 'SNL' Performance
Sep 30, 2018 - 20:43
This resulted in boos from the audience, as the SNL cast stood off to the side of the stage and kept their heads down. Announcing the change on Twitter on Saturday, he wrote: "The being formally [sic] known as Kanye West ".

isis-killer-beheading-video-story-top Lil Wayne’s ‘Tha Carter V’ Is Here
Sep 30, 2018 - 20:29
It's been almost 5 years since the project was first announced under Cash Money, and we all know how southward the situation went. Lots of fans and follower have wished Wayne a Happy Birthday, and they can not wait to hear his latest album, Carter V .

isis-killer-beheading-video-story-top Penn State Nittany Lions vs. Ohio State Buckeyes, 9/29/18 Predictions
Sep 30, 2018 - 20:10
The Lions (4-1, 1-1 Big Ten) appeared to have things in hand, having played tremendous defense all night to shut down Ohio State . None of them were bad enough to really matter, but you can't give someone a good grade if they weren't that good.

isis-killer-beheading-video-story-top Barty upsets Kerber in Wuhan
Sep 30, 2018 - 19:30
She will next face Aryna Sebalenka, who defeated 2016 runner-up Dominika Cibulkova 7-5, 6-3. The Australian started the match strongly, racing into a 5-2 first set lead.

isis-killer-beheading-video-story-top Canadian PM did not request meeting with Trump, says spokesperson
Sep 30, 2018 - 19:14
The 24-year-old trade agreement generally prevents the three parties from imposing tariffs on imports from one another. Canada needs a NAFTA deal "that involves obviously feeling confident about the path forward", the prime minister said.

isis-killer-beheading-video-story-top Trump on Kim Jong Un: 'We fell in love after handsome letters'
Sep 30, 2018 - 18:27
Pyongyang has repeatedly appealed for United Nations and USA sanctions to be lifted and has support from Russian Federation and China.

isis-killer-beheading-video-story-top 'Fortnite' Season 6 brings Halloween content and adorable pets
Sep 30, 2018 - 17:54
When you're ready, you can download the season six update across all platforms and get stuck into the action! Epic says players using mouse and keyboard on PS4 will "now be put into the PC matchmaking pool".

isis-killer-beheading-video-story-top Sturridge Scores Late Stunner To Salvage Point
Sep 30, 2018 - 14:12
Chelsea emerged victorious when the two sides last met in the league in May, and boast a slight edge over Liverpool in this fixture's history.

isis-killer-beheading-video-story-top Last Fantastic Beasts 2 Trailer Features A Major Harry Potter Twist
Sep 28, 2018 - 19:11
But Rowling has since defended her decision , calmly tweeting that the character is inspired by the Naga, of Indonesian mythology. We finally know who Claudia Kim is playing in " Fantastic Beasts: Crimes of Grindelwald ", and not everyone is pleased.

Jurgen Klopp explains angry post-match words to Xherdan Shaqiri
Sep 28, 2018 - 16:33
So far, we played Tottenham, PSG, Southampton and Chelsea so we are half-way through, and so far we did really well. If we had one 100% challenge out of the four or five we had, he wouldn't have been able to do what he did.

Paul Pogba has chosen Juventus return — TUTTOSPORT
Sep 27, 2018 - 20:23
Speaking in an interview with Sky Sports on Tuesday night, Redknapp said: "There's been an almighty fall out". "I think Jose has been patient, but I think his patience has run out now", Brazil said yesterday.

isis-killer-beheading-video-story-top A new allegation against Brett Kavanaugh
Sep 27, 2018 - 20:19
He also admits to drinking beer with friends during his school days, but says, "I never did anything remotely resembling what Dr. In a series of tweets , Avenatti publicly released emails between himself and the Chief Counsel for Nominations for the U.S.

isis-killer-beheading-video-story-top Sophie Turner stars in stunning first X-Men Dark Phoenix trailer
Sep 27, 2018 - 20:16
Check out the Dark Phoenix trailer below! Jessica Chastain is the new addition who may or may not be playing a villain. Once she returns home, this force not only makes her infinitely more powerful, but far more unstable.

isis-killer-beheading-video-story-top Meghan Markle Closing Her Own Car Door Excites Social Media Users
Sep 27, 2018 - 20:03
The BBC summarised the mood of the nation in its own headline: " Meghan closes a vehicle door and some people can't handle it". The Duchess stepped out of her auto and greeted a member of staff, before shutting her own vehicle door.

isis-killer-beheading-video-story-top Tiger Woods wanted to CRY throughout his Tour Championship winning round
Sep 27, 2018 - 16:45
He fired a 62 earlier this month and has also done enough to force himself into the US team for next week's Ryder Cup . Woods led the final round throughout, starting out with a three-shot lead, and finished 11-under-par at East Lake.