FIRST AIRED: September 1, 2018

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Transcript

00:00:00
>> Tense trade talks between the US and Canada broke off Friday, missing a deadline set by the Trump Administration to agree to an overhaul of the North America Free Trade Agreement.>> We are continuing to work very hard and we are making progress. We're not there yet.>> Pressure on Canada mounted after US President Donald Trump, earlier this week, announced he'd reached a proposed trade deal with Mexico.
00:00:22
Threatening to cut Canada out of the 24 year old tri-lateral pact that underpins more than $1 trillion in annual trade.>> We will see whether or not Canada gets into it. Otherwise we will do something separately, or we won't do anything which is okay too.>> Canadian negotiators spent the week in Washington, trying to find common ground on issues ranging from tariffs on dairy products to trade dispute resolutions.
00:00:43
But President Donald Trump's own words may have undermined negotiators' efforts heading into the final day of talks.>> And I said, off the record, and I made a statement about Canada, which is fine.>> In off the record comments on Thursday, Trump told Bloomberg News that any trade deal with Canada would, quote, be totally on our terms.
00:01:01
The Toronto Star first reported the remarks and Trump confirmed them Friday.>> At least, Canada knows how I feel, so it's fine.>> Canadian Foreign Minister, Chrystia Freeland downplayed the impact of Trump's remarks on the talks.>> My negotiating counter party is Ambassador Lighthizer and as I said, he has brought good faith and good will to the table.
00:01:24
>> Despite missing Friday’s deadline, US-Canada talks are set to resume next week. The White House on Friday notified Congress it intends to sign a revised NAFTA with Mexico, and will continue working to keep Canada in the agreement.