The new Italian Agricultural Minister, Gian Marco Centinaio, is hitting wires today saying that Italy will refuse to ratify a free trade agreement between the EU and Canada. Centinaio stated that there are doubts about the trade deal amongst his "European colleagues", but gave no specifics.
Canada is finding itself in rows over trade with several trade partners who have taken a protectionist turn recently, with US President Trump referring to Canadian PM Justin Trudeau as a "backstabber", and now Italy voicing concerns over trade agreements. Canada's Chrystia Freeland downplayed the statements, stating that she believes Canada will ultimately see a ratified trade deal with the EU.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.