NAFTA: Canada may not be included in the new trade deal

On Tuesday, US Trade Representative said that the negotiators "do not seem to be in time," to include Canada in the trade deal the US concluded with Mexico last month.

The Trump administration hopes to inform Congress of a plan for a new North American trade agreement by Sunday, which will allow Mexican President to sign it until November 30.

"There is still a fair distance between us, there are very big problems," Mr.Lighthizer said at the Concordia summit in New York.

"The deal will be concluded if Canada is not late, although she would like to be in agreement," he added. "Canada does not make concessions in areas that we consider important," Lighthizercontinued.

Both sides will almost certainly not be able to meet the deadline (this weekend) to include Canada in the new North American trade agreement.

President Donald Trump said he wants to change the name of the North American Free Trade Agreement to the USMC pact and warned Canada that if the country does not agree with his demands, he will refuse the "C" in the new title.

"They called the NAFTA treaty, we will call it the trade agreement between the US and Mexico, and we will get rid of the NAFTA name," Trump told reporters last month.

"We will see if we want to accept Canada into a treaty or simply make a separate deal with Canada if they want to conclude it," he added.