*By Carlo Versano* One day after President Trump and Mexican President Enrique Peña Nieto announced the framework for a bilateral trade deal, White House economic adviser Larry Kudlow used the latest U.S.-Mexico agreement "as an example" and told Cheddar it's up to Canada to join the negotiations. "Canada should study how we put this together," Kudlow said Tuesday during an interview on the north lawn of the White House. The bilateral framework, which Trump has said may replace NAFTA and what he calls its "bad connotations," was constructed mainly around the auto sector. It will be difficult to enforce without Canada's participation in a trilateral agreement, given various supply-chain complications. The White House is hoping it can use an agreement with Mexico to force the Canadians back to the table, but it's too early to predict whether that will happen, the National Review's Jack Crowe said Tuesday in a separate interview on Cheddar. "The optics of them coming to the table at this late stage \[will be\] tough," Crowe said. He added that the administration's positioning of Monday's announcement as a big win may be premature. Nonetheless, Kudlow said the administration is proud of the progress. "I don't think a lot of people thought we'd get a Mexico deal," he said.

Share:
More In Business
Analysts Discusses Week's Market Losses Amid Banking Concerns, Inflation
Wall Street saw another day of losses in the market amid continued concerns over the banking sector and as investors digest the latest inflation data. Francis Oh, Asia-Pacific CEO of Qraft Technologies, joined Cheddar News to break down what can be expected with the Federal Reserve's move on interest rates and what to look out for with A.I. stocks, which are seeing big gains.
Peloton Recalling 2.2 Million Exercise Bikes
Peloton is recalling more than 2 million exercise bikes over a safety concern with its bike seat post, and the Consumer Product Safety Commission said it's received some injury reports.
Load More