Canada's MacNaughton: Ready to show flexibility in NAFTA talks - BNN Bloomberg

Eren Sengezer FXStreet

In an interview with BNN Bloomberg, David MacNaughton, Canada’s ambassador to the United States, said a new North American Free Trade Agreement could be renegotiated quickly as long as all sides wanted it to get done.

“We’re prepared to work 24-7 to get a deal done, but if you’re going to have a quick deal, it means that everybody’s got to show a little flexibility,” MacNaughton added and further elaborated:

"There are still some bilateral issues between Canada and the U.S. and between the U.S. and Mexico that need to be resolved outside of autos, but if the auto thing gets resolved then I think we’re well on our way to a successful modernization.”

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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