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Business Matters: Will Canada and the US Strike a Trade Deal?

Will Canada and the US Strike a Trade Deal?

22/09/2018 GMT

BBC World Service - Business Matters, Will Canada and the US Strike a Trade Deal?

White House Advisor Kevin Hassett said the US was getting close to a deal without Canada

White House Economic Advisor Kevin Hassett said the US was getting very close to having to move forward on a deal with Mexico but without Canada

Will the US and Canada manage to strike a revised deal over NAFTA anytime soon? On Friday White House Economic Advisor Kevin Hassett said the US was getting very close to having to move forward on a deal with Mexico but without Canada.  It had wanted a deal between all three nations by the end of this month.

Eric Miller, President of the consultancy firm Rideau Potomac Strategy Group, which advises business and government on both sides of the border.  He tells us whether Canada, the smaller trading nation, has a lot more to lose than the USA.

There's been a sharp fall for the British pound today after Prime Minister Theresa May said talks with the European Union over Brexit had hit an impasse, following a difficult EU summit in Salzburg.  EU leaders rejected her so-called 'Chequers' plan, which she had argued was the only way to maintain smooth movement of goods between Britain and the European Union and avoiding a hard border in Ireland, whilst respecting the result of the referendum. 

And, the microwave oven has revolutionised the way many of us prepare food - quick and convenient. Amazon is taking things a step further - a microwave that responds to voice commands.

Presenter Jon Bithrey is joined by Colin Peacock of Radio New Zealand in Wellington.

(Picture: Canadian Prime Minister Justin Trudeau speaks during a news conference at the Canadian Consulate General, May 17, 2018 in New York City. Earlier in the day, speaking at the Economic Club of New York, Trudeau said the sticking points to renegotiating the North American Free Trade Agreement (NAFTA) is the United States' demand for a sunset clause and that the deal be renegotiated every five years. Credit:Getty Images.)

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