Trump slams Canada's `decades of abuse' after Nafta talks stall

What is the 'new Nafta' and why was the old one controversial?

What is the 'new Nafta' and why was the old one controversial?

"I love Canada, but they've taken advantage of our Country for many years!"

The U.S. and Canada failed to come to an agreement on NAFTA Friday. Trump tweeted early Saturday.

He told Bloomberg News in an interview published Friday that he would not compromise with Canada and said that he would take a stance "so insulting they're not going to be able to make a deal", according to the Toronto Star.

He says on Twitter that a deal will go ahead with or without Canada's involvement, and if Congress tries to intervene, he will "terminate NAFTA entirely".

On Friday, Trump informed Congress that he will sign a revised pact with Mexico within the next 90 days, according to the U.S. Trade Representative Robert Lighthizer, who added that the U.S. would continue to work with Canada next week to secure an agreement within that 90-day term. Talks will resume next week.

The president also called the current trade agreement 'one of the worst deals ever made, ' and also threatened to axe the deal if Congress interferes with trade negotiations.

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In a press conference Friday afternoon, Freeland said Canada and the USA were working hard to reach a compromise and that the two countries "now understand each other's position very well".

"Wow, I made OFF THE RECORD COMMENTS to Bloomberg concerning Canada, and this powerful understanding was BLATANTLY VIOLATED", Trump wrote on Twitter.

"Remember, NAFTA was one of the WORST Trade Deals ever made".

It's unclear where Canada and the US stand in negotiations and whether NAFTA talks could soon come to a close.

Trudeau on Friday did not say if Trump's comments would impact negotiations between the US and Canada, which will resume next week, but said his country would pursue a path that was a "win-win-win on all sides".

Trump has repeatedly cited NAFTA's auto sector regulations and the Canadian government's supply management system for dairy as two elements of trade between the two countries which negatively affect the U.S. We were far better off before NAFTA - should never have been signed.

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