Trump welcomes Canada's entry into trade pact with US, Mexico
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In a post on Twitter, Trump called the US agreement with its neighbour to the north 'wonderful' and 'a great deal for all three countries,' adding that the new trade alliance would be renamed the United States Mexico Canada Agreement or USMCA.
US President Donald Trump on Monday praised Canada's entry into a reworked trade deal with the United States and Mexico after the two countries forged a last-gasp agreement on Sunday to salvage the NAFTA.
In a post on Twitter, Trump called the US agreement with its neighbour to the north "wonderful" and "a great deal for all three countries," adding that the new trade alliance would be renamed the United States Mexico Canada Agreement or USMCA.
Late last night, our deadline, we reached a wonderful new Trade Deal with Canada, to be added into the deal already reached with Mexico. The new name will be The United States Mexico Canada Agreement, or USMCA. It is a great deal for all three countries, solves the many......
— Donald J. Trump (@realDonaldTrump) October 1, 2018
.....deficiencies and mistakes in NAFTA, greatly opens markets to our Farmers and Manufacturers, reduce Trade Barriers to the U.S. and will bring all three Great Nations closer together in competition with the rest of the world. The USMCA is a historic transaction!
— Donald J. Trump (@realDonaldTrump) October 1, 2018
The United States and Canada reached a deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, beating a midnight deadline with agreements to substantially boost American access to Canada's dairy market and protect Canada from possible US auto tariffs, sources with direct knowledge of the talks said.