Canada, U.S. reach framework deal on NAFTA - source

FILE PHOTO: Flags of the U.S., Canada and Mexico fly next to each other in Detroit, Michigan, U.S. August 29, 2018. REUTERS/Rebecca Cook/File Photo - Copyright Rebecca Cook(Reuters)

By Reuters

Published on 01/10/2018 - 05:34•Updated 24/04/2024 - 12:15

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OTTAWA (Reuters) - The United States and Canada have reached a framework deal to update the North American Free Trade Agreement, a Canadian source said late on Sunday.

It involves offering more dairy access to U.S. farmers, as well as Canada agreeing to a side-letter arrangement effectively capping automobile exports to the United States, the source said.