Canadian PM Trudeau: We are one step closer to ratifying the new NAFTA (USMCA)
|Canadian Prime Minister (PM) Justin Trudeau took out to Twitter on Thursday, making some comments on the new US-Mexico-Canada trade agreement (USMCA).
Key quotes
We are one step closer to ratifying the new NAFTA.
In Quebec, this agreement preserves more than $50 billion in exports to the United States, protects the cultural exemption, and is a net gain for our aluminum industry.
It's good news for Quebecers and for all Canadians.
USD/CAD tests five-week highs
The above upbeat remarks on trade failed to move the Canadian dollar, as it remains in five-week lows against the greenback on Thursday. At the press time, USD/CAD trades 0.08% higher at 1.3340, having tested the five-day high of 1.3348 reached on Wednesday.
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