USTR

President Trump has notified Congress of his intent to sign a trade deal with Mexico in 90 days, with Canada welcome to join “if it is willing,” the Office of the U.S. Trade Representative said on Friday.

Canadian Foreign Minister Chrystia Freeland said on Friday that the U.S. and Canada were “not there yet” in talks on a retooled NAFTA, with the U.S. claiming Ottawa had yet to make any concessions on agriculture market access issues.

The European Union is willing to eliminate all of its industrial tariffs -- including those on autos -- if the U.S. is willing to do the same, European Trade Commissioner Cecilia Malmström said on Thursday.

A source close to the talks says Canada and the U.S. are unlikely to resolve all of their issues by Friday, calling it an “uphill battle.”

“Mexico reserves the right to reform its constitution, its energy laws, and it was established that Mexico’s oil and natural resources belong to our nation.”

Administration officials pressed companies on their ability to source from suppliers outside China.

U.S. Trade Representative Robert Lighthizer will notify Congress on Friday of a plan to strike a bilateral trade agreement with Mexico -- or inform lawmakers of a trilateral pact that includes Canada if Ottawa comes back to the table and reaches a deal in time, he said on Monday.

“If enacted, this proposal will clearly and wrongly target an American product harvested with American labor on American ships – completely counter to the administration’s strategy regarding China.”