Chairman of the Council of Economic Advisers, Kevin Hassett, appears on Fox News to discuss the overall economy and key performance indicators related to ongoing economic policy. Within the interview (02:32) Chairman Hassett notes the unusual intransigence of Canada to join the U.S-Mexico trade deal.
There are numerous indicators that Canada has made the decision to exploit a “no deal” trade position for maximum domestic political benefit. However, despite Canada’s intransigence the U.S. and Mexico are positioned to finalize the agreement bilaterally.
“I’m a little surprised that the Canadians haven’t signed up yet. I worry that politics in Canada is trumping common sense because there’s a very good deal that was designed by Mexico and the U.S. to appeal to Canada. And they’re not signing up and it’s got everybody over here a little bit puzzled.”
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Supporting the U.S. and President Trump today; and underlining how strong the U.S-Mexico trade agreement is; Mexico even went so far as to tell Canada today to be ready for a CAN-MEX bilateral if they don’t join.Obviously the Mexican trade team is firing a few shots across the Canadian bow; a stunning Trumpian-inspired shift in North American trade alliances.
MEXICO CITY (Reuters) – Mexico’s incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free Trade Agreement falter, Mexican president-elect Andres Manuel Lopez Obrador said on Friday.



