US, Canada Negotiators Continue Trade Talks Ahead of Deadline

Why it matters locally: Given Michigan's significant cross-border trade with Canada, particularly in the automotive industry and agriculture, the outcome of these trade talks could directly impact the state's economy and employment.

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Washington D.C. — Negotiators from the United States and Canada continue discussions on a new trade agreement as a midnight deadline approaches. Officials are working to address unresolved issues, including tariffs, which could affect economic relations between the two countries. Former Canadian Minister of International Trade, Ed Fast, stated that a potential deal could lead to a "bad outcome" for both Canada and the U.S. Fast made his comments while speaking with Bloomberg. He previously served as Minister of International Trade from 2011 to 2015. Canadian Minister of Intergovernmental Affairs, Dominic LeBlanc, reported that negotiators are "working until the last minute." Canadian officials indicated that additional work is necessary to reach a comprehensive agreement. Teams from both nations have been meeting repeatedly in Washington, D.C. as the deadline for a potential agreement draws near. The discussions focus on various aspects of trade policy and market access.