U.S.-Canada to Resume Nafta Talks on Thursday

The transcript discusses the ongoing NAFTA negotiations between Canada and the USA, highlighting key issues such as dispute resolution panels and access to Canadian dairy markets. A deadline has been set for reaching a high-level agreement, driven by the need to formalize the deal before Mexico's new president takes office. Despite past missed deadlines, the threat of the USA proceeding without Canada adds pressure to the talks.

What are the main issues causing division in the NAFTA talks between Canada and the US?

• Immigration policies and border security

• Environmental regulations and labor laws

• Currency exchange rates and tariffs

• Dispute resolution panels and access to Canadian dairy markets

Why is there a deadline for reaching a high-level agreement in the NAFTA negotiations?

• To align with the fiscal year-end of both countries

• To allow time for the agreement to be turned into a legal text and submitted to Congress

• To ensure the agreement is signed before the new Canadian Prime Minister takes office

• To coincide with the anniversary of the original NAFTA agreement

What is one reason the US wants to finalize the NAFTA deal quickly?

• To increase tariffs on Canadian goods

• To implement new environmental standards

• To have the deal signed before Mexico's new president assumes office

• To avoid trade disruptions with China

What might happen if the NAFTA deadline is not met?

• A new trade agreement with Europe will be prioritized

• The negotiations will be permanently halted

• Canada will impose new tariffs on US goods

• The US may proceed with a deal excluding Canada

How have past NAFTA negotiation deadlines been handled?

• They have led to the cancellation of talks

• They have resulted in immediate trade sanctions

• They have been extended multiple times

• They have always been strictly adhered to