Canada Needn’t Be ‘Enormously Worried’ About US Trade Reset: Trump Official

Canada Needn’t Be ‘Enormously Worried’ About US Trade Reset: Trump Official
Mexican President Carlos Salinas de Gortari (L), greets Canadian Prime Minister Brian Mulroney (R) and U.S. President George Bush on Oct. 7, 1992 in San Antonio, Texas. The then-leaders met to initial the North American Free Trade Agreement, which faces renegotiation under the Trump administration. AP Photo/Marcy Nighswander
|Updated:

CALGARY—Prime Minister Justin Trudeau need not be “enormously worried” about a looming overhaul in U.S. trade policy under President Donald Trump, an adviser to the new administration said Monday, Jan. 23, as the Liberal government held a cabinet retreat aimed at finding its bearings in the shifting Canada-U.S. relationship.

Stephen Schwarzman, who leads the president’s Strategic and Policy Forum, said Canada is well regarded and will be in a good position should there be a renegotiation of the North American Free Trade Agreement.

“There may be some modifications, but basically things should go well for Canada in terms of any discussions with the United States,” said Schwarzman, whom Foreign Affairs Minister Chrystia Freeland has described as a “longtime good friend.”

Schwarzman, the CEO of the Blackstone Group investment firm, met privately with Trudeau and with ministers as part of the two-day retreat in Calgary.

There may be some modifications, but basically things should go well for Canada in terms of any discussions with the United States.
Blackstone Group CEO Stephen Schwarzman