Canada has acquiesced to US President Donald Trump’s demands and agreed to a new tri-lateral trade agreement to replace the North American Free Trade Agreement, Time reports.
Donald Trump promised to replace NAFTA during his election campaign calling it unfair to the United States and has now delivered on yet another campaign pledge.
The breakthrough agreement comes after Canada’s Prime Minister Justin Trudeau took a tough line against President Trump in the negotiations, but eventually relented his American counterparts’ insistence.
The agreement will give US farmers greater access to Canadian markets in return Canada may be spared tariffs on cars, trucks and auto parts imported in the US that President Trump may impose.
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