Actionable insights straight to your inbox

logo_equities.svg

Report: Trump Won’t Compromise with Canada in NAFTA Deal

The Toronto Star reports that President Donald Trump has said privately that he won't make compromises with Canada in high-stakes talks to revamp the North American Free Trade Agreement.


WASHINGTON (AP) — The Toronto Star reports that President Donald Trump has said privately that he won’t make compromises with Canada in high-stakes talks to revamp the North American Free Trade Agreement.

The report appeared to raise doubt about whether the two countries can reach a deal soon to keep Canada in the trading bloc.

The Star obtained the comments from a Trump interview with Bloomberg News. Trump wanted the comments to remain private because otherwise “it’s going to be so insulting they’re not going to be able to make a deal.”

In response, Lindsay Walters, a White House spokeswoman, said only, “The Canadian and American negotiators continue to work on reaching a win-win deal that benefits both countries.”

Canadian Foreign Minister Chrystia Freeland told reporters about the talks, “We aren’t there yet.”

Many people think of position size in terms of how many shares they own of a particular stock. But it’s much smarter to think of it in terms of what percentage of your total capital is in a particular stock.