Update 2: As we noted earlier, Trump’s “hard” Friday deadline was really rather soft, and as Bloomberg reports, the trade talks will resume next Wednesday.

  • *U.S.-CANADA NAFTA TALKS SAID TO RESUME NEXT WEDNESDAY

Separately, the USTR has released a fact sheet on US-Mexico trade.

* * *

Update: No deal.

If it was Trump’s intention to scuttle the US-Canada trade talks with the Bloomberg “leak” he succeeded: the WSJ reports that Nafta talks between the US and Canada ended with no agreement

  •  U.S.-Canada Talks Break Up With No Friday Agreement — Sources
  • Trump Is Expected to Notify Congress of Plans to Proceed with Mexico-Only Deal to Replace Nafta — Sources
  • Trump Announcement Is Expected to Suggest Canada Can Still Join Revised Nafta — Sources

* * *

Earlier

After several days of negotiations, and just hours before the deadline, Reuters reports the the Nafta trade talks between the US and Canada have concluded.

  • U.S.-CANADIAN TRADE TALKS HAVE CONCLUDED -CANADIAN OFFICIAL: RTRS
  • CANADA’S FREELAND HAS LEFT USTR AFTER TALKS WITH LIGHTHIZER

Reuters adds that Canadian Foreign Minister Chrystia Freeland will hold a press conference at 4:30pm (after the close).

It was unclear if a deal has been reached, although some speculate that if there was a deal, the press conference would include the US, and not just Canada, which “usually means bad news.”

Others have suggested that a deal may not have been reached and the talks will continue into the weekend.

The CAD is generally unchanged on the news.

More at 4:30pm when Freeland speaks.





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