Bilateral Deals Likely to Be Negotiated Alongside Continental Trade Pact: LeBlanc
LeBlanc said Canada is preparing parallel talks to protect business and supply chains as Trump signals he is not looking to renew the pact.
- At the US-Canada Summit in Toronto on Thursday, Trade Minister Dominic LeBlanc said he expects bilateral arrangements between Canada-U.S. and U.S.-Mexico to be negotiated alongside the trilateral trade framework.
- President Trump stated Wednesday he is 'not looking to renew' CUSMA, claiming 'We don't need anything that Canada has, we don't need anything that Mexico has, but they need everything that we have.' He has since called the deal 'irrelevant.'
- U.S. Ambassador to Canada Pete Hoekstra told summit attendees that Trump's statement actually signals the U.S. seeks collaboration, stating 'America has a tremendous amount of things where we have a need.' Hoekstra urged Ottawa to negotiate 'very aggressively' and position Canada as 'the best place for America to fill these needs.'
- LeBlanc expressed conditional optimism that bilateral agreements resolving shared concerns could lead to the trilateral extension, stating Canada has made 'very specific offers' and will continue engagement. He said he was optimistic after meeting U.S. Trade Representative Jamieson Greer last week.
- If the July 1 deadline passes without renewal, CUSMA remains in place under annual rolling reviews for up to 10 years, creating ongoing uncertainty. LeBlanc acknowledged Trump's style offers no 'eternal certainty,' yet U.S.-Mexico talks advance with two more rounds scheduled while official Canada-U.S. negotiations have not yet begun.
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Dominic LeBlanc, Minister responsible for Canada-United States trade, expects bilateral agreements to be negotiated with the United States.
Canada-United States Trade Minister Dominic LeBlanc said he is not surprised that President Donald Trump's administration has decided not to renew the North American trade agreement next month, and said he expects parallel agreements to end up resolving the pact-related disputes. LeBlanc pointed out that the review planned for July 1 of the Treaty between Mexico, the United States and Canada (T-MEC or USMCA) “does not represent a precipice of wh…
Canada's LeBlanc Expects Deals With US to Resolve Trump Trade Issues
(Bloomberg) — Canada-US Trade Minister Dominic LeBlanc said he isn’t surprised the Trump administration decided not to renew the North American trade deal next month, and expects side deals will eventually resolve disputes over the pact.
The Toronto Star
Bilateral deals likely to be negotiated alongside continental trade pact: LeBlanc
TORONTO - Canada-U.S. Trade Minister Dominic LeBlanc said he expects to see bilateral agreements negotiated alongside talks on the critical continental trade pact.
Dominic LeBlanc, responsible for trade between Canada and the United States, expects bilateral agreements to be negotiated in parallel with discussions on this crucial continental trade agreement.
The Canadian minister responsible for trade between Canada and the United States, Dominic LeBlanc, said Thursday that bilateral agreements will be signed with the United States, in addition to the revision of the trilateral free trade pact that includes Mexico as well, the T-MEC. "I hope that we will reach bilateral agreements between Canada and the United States, and between the United States and Mexico, in a way adjacent to the trilateral fram…
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