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Justin Trudeau says no need for 'Plan B' to NAFTA

Prime Minister Justin Trudeau says there is no "Plan B" in the event talks to renegotiate the North American Free Trade Agreement break down, insisting the trade pact is too beneficial to the Canadian and U.S. economies for it to be terminated.

North American trade deal is too important to jobs and the economy to rip up, PM says

Prime Minister Justin Trudeau answered questions about Canada-U.S. relations during a panel with The New York Times today. (Chris Young/The Canadian Press)

Prime Minister JustinTrudeau says there is no "Plan B" in the event thattalks to renegotiate the North American Free Trade Agreement break down, insisting the trade pact is too beneficial totheCanadianand U.S. economies for it to beterminated.

During a question-and-answer session onCanada-U.S. relations in the Trump eraduring an interview with The New York Times, Trudeausaid Canada is diversifying its trade ties with other countries, but stressed that the U.S. is itsmost importantpartner.

"There's no need for a Plan B. We'll continue to engage in a constructive, thoughtful way," he said. "NAFTAhas been improved a dozen times over the years, and we will do it again to update it to what the challenges we're facing now are."

Trudeaurejected the idea that any U.S. administration would scrap a deal that is crucial for jobs and economic prosperity.

He said he is "100 per cent" sure the trade deal will be intact a year from now, and is confident it will remain strong further down the road.

Trudeau says the is no need for a NAFTA Plan B

7 years ago
Duration 1:36
Trudeau says the is no need for a NAFTA Plan B

"I can guarantee you we will bein plenty of trade deals, and NAFTA will remain a hugely important and successful trade deal for both of our countries," he said. "I can understand the politics aroundsaying we need to improveit, it's terrible. The facts don't necessarily bear that out. It's created massive numbers of jobs in our economies, it's created tremendous advantages."

Trump open to 'shifting his position'

Asked about his strategy to deal with Donald Trump, Trudeau saidhe isfocusing on issues where there is agreement andcommon ground.

He described Trump as a leader with an open mind who listens, considers diverse arguments and keeps his word.

"He will look at the ensemble of facts, of proposals, of impacts you put together and he will be open to shifting his position," he said. "That's somethingwe can definitely work with."

Is Trudeau the 'Trump Whisperer?'

7 years ago
Duration 1:34
Justin Trudeau was asked whether heads of state have asked him for his advice on dealing with Donald Trump.

Trudeau said whenever Trump has made a commitment or an engagement to him, the president has followed through on it.

One area where the two countries find themselvesfar apart is overthe Paris climate change accord, which the U.S. has withdrawn from. Trudeaurejected claims that the government's carbon pricing scheme could put Canada at an economic disadvantage, and said the U.S. pull-out could be an economic boonfor Canada.

"If the United States slows down on its moving towards the future on climate change, that could be an opportunity for Canada to step up, to be innovating, to draw in investors and partners from the U.S. and from around the world that do understand that this is the way the world is going and Canadian leadership, Canadian innovation, Canadian values give us tremendous opportunity," he said.

Trudeau on US-Canada steel trade and the border

7 years ago
Duration 2:26
Trudeau on US-Canada steel trade and the border

Trudeau conceded Trump's use of Twitter and social media creates a "new wrinkle" in international diplomacy, but said he does not respond to each tweet posted by the president. Instead, he waits for a briefing in the morning.

Trudeausat downwith Peter Baker, the newspaper's chief White House correspondent coveringDonald Trump's administration, and Catherine Porter, a Canada correspondent and Torontobureau chief, for thesession at the University of Toronto'sRotman School of Management.

President Donald Trump says he didn't record Comey conversations

7 years ago
Duration 6:40
New York Times Chief White House Correspondent Peter Baker discusses the latest, and what its like to cover the Trump Presidency