Nafta Has to Be Trilateral Deal, Says National Foreign Trade Council

The transcript discusses the potential for a revised NAFTA deal, highlighting the importance of including Canada in the agreement. It addresses concerns about the deal's impact on the North American economy, particularly in terms of integrated production systems and trade dependencies. The discussion also covers Canada's position and challenges in the negotiations, emphasizing the need for a three-way agreement to maintain economic stability and competitiveness against Europe and Asia.

What are some of the new provisions included in the revised NAFTA deal?

• Healthcare and education

• E-commerce and digital economy

• Military and defense

• Tourism and hospitality

Why is it crucial for Canada to be part of the NAFTA agreement?

• To improve healthcare systems

• To maintain a competitive North American economy

• To enhance cultural exchanges

• To increase tourism

What stance has Prime Minister Justin Trudeau taken regarding the NAFTA deal?

• No deal is better than a bad deal

• Any deal is better than no deal

• A deal is not needed at all

• A quick deal is necessary

What does the chart from Bloomberg Library illustrate about Canada and US trade?

• Neither country exports to the other

• Canada exports more to the US than the US exports to Canada

• The US exports more to Canada than Canada exports to the US

• Both countries export equally to each other

How might disrupting the NAFTA agreement affect the auto industry?

• It could harm the industry due to integrated supply chains

• It would have no impact

• It would improve the industry

• It would only affect the Canadian market