THE CANADIAN PRESS/Sean Kilpatrick

Trump team drops hints NAFTA end not imminent

Trump looks at renegotiation, not cancellation of NAFTA

Members of the Trump administration have dropped several hints in recent days that withdrawing from NAFTA is not in their current plans — and the latest such example came Thursday.

A congressional gathering heard Treasury Secretary Steven Mnuchin express some optimism about getting a deal. He based that on what he said were weekly meetings with U.S. trade czar Robert Lighthizer.

“I’m cautiously hopeful that … (he) will be renegotiating this deal,” Mnuchin told the House of Representatives’ budget committee.

“It is a major priority of ours to renegotiate the deal.”

RELATED: NAFTA survives key round: U.S. grumbles

He refused to even discuss the possibility of U.S. withdrawal from NAFTA when asked to do so. Republican lawmaker Darin LaHood pressed Mnuchin to analyze the possible consequences of withdrawal, something the Illinois congressman said would be a mistake.

”I would hate to see us shoot ourselves in the foot by withdrawing from NAFTA,” LaHood said.

”I look at those negotiations, and where we’re headed, that causes me a lot of concern.”

Again, Mnuchin reaffirmed his view that cancellation is not imminent: ”I don’t want to go through the consequences — because, again, that’s not our first priority. Our priority is to renegotiate the deal,” said the treasury secretary.

It’s the third such hint from a prominent member of the administration in recent days.

In a public meeting this week, Lighthizer said progress is being made in the renegotiation. He described the anxiety about a U.S. withdrawal as something in the past tense.

RELATED: Pipeline opponents vocal at Justin Trudeau town hall in Nanaimo

”There was a lot of anxiety at one point as to whether we would be in a position where we would have to withdraw in order to get a good agreement,” Lighthizer said, with President Donald Trump looking on.

”I think we’re making progress on NAFTA … I think we’re making real headway — in particular with respect to the Mexicans.”

Lighthizer has stated his view that negotiations have been harder with Canada. His relations with Canadian counterpart Chrystia Freeland have been bumpier, although a spokesman for the minister described their meeting Wednesday as “cordial and constructive.”

And in a closing news conference at the last round, Lighthizer described his Canadian and Mexican counterparts as friends.

Another Trump cabinet member also expressed optimism about NAFTA a few days ago. Agriculture Secretary Sonny Perdue said he expects a NAFTA deal by year’s end.

Extending the talks into 2018 would have some drawbacks: Both Scotiabank and the Bank of Canada say uncertainty over the investment situation would shave about one-fifth of one per cent from Canada’s economy by next year.

RELATED: Trudeau government to table budget Feb. 27 as Canada faces uncertainty

This week also provided examples of the uncertainty in Canada-U.S. trade.

The U.S. opened an investigation into possible punitive duties on certain types of Canadian pipes — following similar moves on lumber, paper, and a thwarted effort to slap duties on Bombardier airplanes.

In addition, Trump made cryptic comments about an import tax — later played down by the White House. He also appeared to nod in agreement during a meeting as a Democrat called for Buy American provisions to be added to a major infrastructure bill.

Alexander Panetta, The Canadian Press

Like us on Facebook and follow us on Twitter.

Note to readers: This is a corrected story. An earlier version said Freeland did not meet Lighthizer during her most recent visit to Washington.

Just Posted

Vancouver Island brewery re-brands again after cryptic new logo failed

Victoria-based brewers said goodbye to confusing hexagon logo

North Island College Foundation helps more students than ever in the Comox Valley

More than 170 North Island College students in the Comox Valley received… Continue reading

Courtenay mom warns of candy-luring incident near Willemar Road

A Courtenay mother is speaking out after a man was reported to… Continue reading

SLIDESHOW: Remembrance Day in Courtenay

A large crowd gathered in downtown Courtenay Sunday morning to remember those… Continue reading

Trudeau warns of dangers of nationalist leaders at historic armistice gathering

U.S. President Donald Trump in recent weeks described himself as a nationalist

Vancouver Island remembers

Important stories shared as Islanders salute those who made the greatest sacrifice

Lack of public response threatens B.C. referendum credibility

Of the few who have voted, poll finds most rejected proportional representation

Grim search for more fire victims; 31 dead across California

More than 8,000 firefighters battled wildfires that scorched at least 1,040 square kilometres

Politicians need to do better on social media, Trudeau says

Prime minister suggests at conference in Paris some are trying to use technology to polarize voters

Wally Buono exits CFL, stinging from painful playoff loss

B.C. Lions lost the Eastern semifinal to the Hamilton Tiger-Cats on Sunday, 48-8

Pot company hopes to replace jobs lost in mill closure in B.C. town

About 200 workers lost their jobs when the Tolko sawmill in Merritt shuttered in 2016

Funding announcement promises to drive business innovation in B.C.

Minister is scheduled to make the announcement at the Penticton campus of Okanagan College

Ticats destroy Lions 48-8 in CFL East Division semifinal

Wally Buono’s last game as B.C. coach ends in disappointment

Most Read