The U.S. and Canada reached a dramatic, last-minute deal late Sunday night on revising the North American Free Trade Agreement, lifting a cloud of uncertainty over the quarter-century-old continental commercial bloc.
The pending agreement will allow Canada to join an accord reached in late August between the U.S. and Mexico and diminishes the prospects for President Donald Trump to follow through on his threats either to kill Nafta outright or to break the trilateral pact into separate pieces.
The surprising Washington-Ottawa accord came just four days after Trump’s trade representative, Robert Lighthizer, told Congress that the gaps between the two countries appeared too great to bridge in time to meet the U.S.-imposed Sunday deadline, and that the administration was prepared to keep moving down the path of a Mexico-only agreement.
The accord restores—for now, at least—harmony with two neighbors that Mr. Trump has repeatedly criticized in public, paving the way for him to hold a late-November signing ceremony with Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto.
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