Lutnick Criticizes Canada's Trade Strategy
Lutnick said the pact should be reimagined, as U.S. trade officials expect CUSMA talks to remain unresolved by July 1.
- On Friday, Commerce Secretary Howard Lutnick attacked Canada's trade strategy during a discussion with Semafor World Economy in Washington, calling it "the worst strategy" and stating "They suck."
- Lutnick's criticism responded to a Financial Post report quoting former chief trade negotiator Steve Verheul, who claimed time favors Canada as U.S. trade pressures increase.
- Prime Minister Mark Carney "has a problem" with the United States, Lutnick claimed, criticizing his recent China outreach while arguing the U.S. is "the consumer of the world."
- Speaking to the House of Commons international trade committee Thursday, Trade Minister Dominic LeBlanc countered that Canada stands ready to quickly sign a deal in its economic interest.
- The July 1 deadline for U.S. notification of CUSMA plans looms as United States Trade Representative Jamieson Greer said earlier this month he does not expect negotiations to be resolved by then.
38 Articles
38 Articles
U.S. commerce secretary takes a swipe at Canada's trade strategy ahead of CUSMA review
U.S. Commerce Secretary Howard Lutnick on Friday criticized the current iteration of North America's free trade agreement as a bad deal, taking a swipe at Canada's trade strategy ahead of upcoming negotiations.
US Commerce Secretary Says Trump Views USMCA as a ‘Bad Deal’ Ahead of Review
U.S. Commerce Secretary Howard Lutnick criticized Canada’s approach to trade talks and said U.S. President Donald Trump thinks the United States–Mexico–Canada Agreement (USMCA) is a “bad trade.” “They suck,” Lutnick said on April 17 at a conference organized by the media outlet Semafor when asked about comments by a former Canadian trade negotiator. A spokesperson for the U.S. Commerce Department said in a statement that Lutnick was referring to…
The U.S. Secretary of Commerce responded to the comments of a former Canadian Chief Negotiator who stated that time was playing in favour of Canada.
US Trade Secretary Howard Lutnick criticized Canada's trade strategy on Friday, adding, "They're bad."
OTTAWA - U.S. Commerce Secretary Howard Lutnick
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