The pact between the U.S. in addition to Mexico, agreed to in late August, contains significant provisions on measures including intellectual property theft in addition to trade secrets.
Negotiations with Canada, though, have been trickier, with disputes over agriculture in addition to dairy products believed to be unresolved. The brand new NAFTA could be a template for negotiations with China, which remains the key sticking point from the White House’s desire to revamp global trade agreements.
Hassett said the U.S. has made a fair offer to Canada in addition to is actually awaiting a response.
“I worry of which politics in Canada is actually trumping common sense, because there’s a very Great deal of which was designed by Mexico in addition to the U.S. to appeal to Canada in addition to they’re not signing up, in addition to the idea’s got everybody over here a little bit puzzled,” he said. “Hopefully at the last minute they come in, however if they don’t we’ll just move ahead with Mexico in addition to we’ll get Canada fixed a little bit later.”
This particular was not the 1st time the White House has said the idea is actually prepared to move ahead without Canada — Treasury Secretary Steven Mnuchin told CNBC in late August of which the idea was a possibility.
however Hassett’s remarks still seemed to take a slight bit of steam out of what appears to be another positive day on Wall Street. Major averages were mixed.
WATCH: Consumer in addition to industrial goods hit by brand new tariffs