Canada signs onto new NAFTA despite the persistence of steel and aluminum tariffs
BUENOS AIRES, Argentina — Signing on to a revamped NAFTA alleviates the serious economic uncertainty that lingered throughout the negotiating process, Prime Minister Justin Trudeau said Friday while flanked by U.S. President Donald Trump and outgoing Mexican President Enrique Pena Nieto at a highly-anticipated formalizing of the trade pact in Buenos Aires.
Uncertainty would have only worsened and caused additional economic damage had the deal not been reached, Trudeau added.
“The new North American free trade agreement maintains stability for Canada’s entire economy, stability that’s essential for the millions of jobs and middle class families across the country,” he said. “That’s why I’m here today.”
The signing ceremony at a packed hotel in Buenos Aires on the sidelines of the G20 summit did not come without a fight.