Hoekstra says no 'significant progress' in 14 months of trade negotiations, but U.S. to keep talking
U.S. Ambassador to Canada Pete Hoekstra reports that trade negotiations regarding the CUSMA agreement have seen little progress over the last 14 months. Despite the lack of advancement, the U.S. administration intends to continue talks through the summer rather than immediately withdrawing from the deal.
Why it matters
The stability of the North American trade agreement is critical for the economic relationship between the U.S., Canada, and Mexico.
U.S. Ambassador to Canada Pete Hoekstra made the remarks on CBC's Ottawa Morning , where he was asked by host Rebecca Zandbergen how far apart he believes Canada and the United States are on settling the trade irritants that are frustrating a renewal of the Canada-U.S.-Mexico Agreement.
The article reports on official statements and trade status without injecting partisan commentary.
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