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Canada welcomes Trump suggestion of NAFTA deadline extension

Reuters  |  LONDON, Ontario 

LONDON, (Reuters) - welcomes the suggestion by U.S. that the deadline for concluding talks to modernize could be extended beyond the end of March, told reporters on Friday.

Trump told on Thursday that "a lot of things are hard to negotiate" ahead of a Mexican in July.

"I thought that was a sensible suggestion from the I think all of us are mindful of the Mexican elections," told reporters on the sidelines of a Cabinet retreat.

Talks to update the North American Free Agreement, which are due to wrap up by end-March to avoid clashing with the Mexican vote, have bogged down amid major disagreements.

In his remarks on Thursday, Trump reiterated his threat to announce a U.S. withdrawal from the treaty unless major changes are made but said he was "leaving it a little bit flexible" until after the election.

"We have always felt that imposing artificial deadlines was not necessary from the Canadian standpoint ... I thought that was a constructive proposal from the president," said

Trump wants the 1994 deal between the United States, and overhauled to better serve U.S. interests.

(Reporting by David Ljunggren; Editing by Frances Kerry)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 12 2018. 23:19 IST