United States and Canada talk NAFTA trade deal in Washington

Trudeau sat between his wife Sophie and Trump as they enjoyed dinner their dinner together on Tuesday evening as part of the three-day Fortune summit

Mexico's Economy Minister Ildefonso Guajardo gestures to journalists after the 9th US-Mexico CEO Dialogue in Mexico City, Mexico October 11, 2017.

"It's possible we won't be able to make a deal, and it's possible that we will", Trump said in the Oval Office, before he was asked about a bilateral deal.

"If you don't think this is a reality that the President is looking at withdrawal, I want to make it clear that it's a very real possibility that we will either withdraw or we will reach a deal that I don't think will have any chance of getting through Congress in 2018". Freeman said Canada is not the cause of lost US manufacturing jobs under NAFTA, as it buys more from the USA than China, Britain and Japan combined.

Talks kick off Wednesday with a discussion of government procurement, already a thorny subject as US negotiators suggested during the last round of talks in Ottawa they want to limit access to Canadians and Mexicans to USA projects. Trudeau, for his own part, cautioned against speculation and emphasized the prospects for an agreement.

"We've been patient, cool-headed and constructive", Mr. Donohue said Tuesday in Mexico City.

Vogel said United States and Mexican businesses still believed NAFTA talks would produce a good deal and said they would continue to lobby their governments and lawmakers to negotiate a good deal. "My optimism is based on the fact I know how good it has been".

"In terms of trade, the US sells more to Canada than it does to China, Japan and the United Kingdom combined", Trudeau noted. According to the U.S. Trade Representative, the U.S., Canada and Mexico have agreed to a fairer way of enforcing rules governing competition.

The panel was "dedicated to ensuring these negotiations are successful", Chairman Kevin Brady said while Trudeau made a rare visit to the committee. "Starting to play with a non-market economy would be awful for us".

The top USA business group pledged to fight to preserve the pact, a congressional committee said it was committed to successful talks, and Mexico signaled it can live without the accord. It has argued repeatedly that the trade pact is critical to USA industries such as agriculture and manufacturing. Levy said. "Or are they going to take this as a pretext and say: 'We tried negotiations; they failed". He said the likelihood of passing a deal would drop after the so-called fast-track authority expires in July.

Agriculture Secretary Sonny Perdue detailed some of the main issues with NAFTA, specifically where Canada is reaping more of the benefits than the U.S. Ujczo said it's a possibility that the Trump administration is counting on that.

"Let's just agree to disagree", Ross replied.

Trudeau will head into his meeting with Trump after talks with the influential House of Representatives' Ways and Means committee, one of two bodies of USA lawmakers helping negotiators put forward the US positions on trade.

"We're negotiating a NAFTA deal".

Harper, whose Conservatives governed Canada from 2006 to 2015, warned that companies should be studying the consequences if the deal collapses.

"President Trump got elected on numerous same goals I got elected on of making sure that people who don't feel like the success and growth of the economy has worked for them do better", he said. And American trade negotiators are also talking tough on dairy and wine.

The U.S. "wouldn't be wasting all this time if we weren't hopeful" that a deal could be reached, Ross said.

In addition, during an interview with Forbes magazine published Tuesday, Trump appeared to favor eliminating the deal and said he likes "bilateral deals". We don't desire that it will.

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