U.S. Commerce Sec. Wilbur Ross thinks Prime Minister Justin Trudeau used his speech at the World Economic Forum on Jan. 23 to apply pressure on the U.S. in the NAFTA renegotiation.
This story by the Canadian Press appeared in Automotive News Canada.
Trudeau said Canada and the 10 remaining members of the TPP had revised their trade pact in the wake of the U.S. withdrawal and was “working very hard” to convince President Donald Trump about the merits of the North American Free Trade Agreement.
Ross, who arrived at the WEF in Davos on Jan. 24, told reporters Trudeau’s speech was designed “to put a little pressure on the U.S. in the NAFTA talks.”
Trudeau’s announcement about the new TPP came as the NAFTA partners gathered in Montreal for a week of negotiations.
There are concerns that the efforts in Montreal could be impacted by the new TPP, but the chief negotiators for Canada and Mexico brushed aside that notion on Tuesday.