BREAKINGVIEWS-Bilateral clashes cloud trilateral trade deal

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

By Gabriel Rubin

WASHINGTON, May 1 (Reuters Breakingviews) - The planned review of North America's 2020 accord is off to a rocky start, marred by insults and boycotts between Washington and Ottawa. Tariffs and tensions are already squeezing flows. Failure to compromise risks further splintering supply-chain efforts and $2 trln of commerce.

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CONTEXT NEWS

A North American trade agreement among the United States, Mexico and Canada is up for a scheduled six-year review starting on July 1.

U.S. Commerce Secretary Howard Lutnick on April 17 derided Canada's trade negotiators and their strategy, saying “they suck.” He told Congress on April 22 it was “insulting” that Canada had placed restrictions on the importation of liquor from the United States.


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