Mexico should pay for border wall, as Trump promised

Cheryl Sanders
January 13, 2018

Now that it has become known that the NAFTA negotiations are not on a path towards success at all the BoC might refrain from further rate hikes so as to avoid putting additional pressure on the Canadian companies with higher interest rates and as a result a possibly stronger CAD.

Markets shuddered on signs the US may be preparing to withdraw from Nafta. "I think we need to take our neighbors at their word, take them seriously, and so Canada is prepared for every eventuality".

"I thought that was a constructive proposal from the president", Freeland said.

The concrete and steel structures, erected in a remote area in San Diego, will be tested for 30 to 60 days to determine which design meets the needs to secure the border, US Customs and Border Patrol Protection said in a statement.


The U.S. pulling out would be "just the prelude to another negotiation", said Sabia, the Caisse's chief executive officer and a former senior Canadian government official.

He said the progressive agenda remains a priority for the Trudeau government but the U.S.is really frustrated by the rejection of proposals the Canadian side has labelled "non-starters" - the inclusion of a five-year sunset clause; the scrapping of the dispute resolution mechanism; strict US content rules in autos; the end of supply management; and the opening up of Canadian government procurement.

Yet, as Foreign Affairs Minister Chrystia Freeland made clear at the cabinet retreat in London, Ont., on Thursday, Canada's position has softened.

Such an announcement by Trump would trigger a six-month countdown to the U.S. exit from NAFTA. He also expressed a desire for a quicker deal, to calm markets. A party's withdrawal takes effect six months after it provides written notice to the other member countries - Canada and Mexico.


"They're getting smarter on this", Donohue said of the White House's trade strategy.

Trump also this week repeated his claims that the U.S.

Trump has boasted about remarkable stock market performances frequently this month, tweeting last week that the Dow Jones passing 25,000 should be the "biggest story on earth!"

GOP lawmakers view Trump's threats more as a negotiating tactic than a serious consideration, but Trump has proven his willingness to pull the trigger on impactful policy questions without much warning in the past.


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