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The Canadian politics of NAFTA

We counted the questions from the fall session so far and found: Conservatives don’t like talking NAFTA while New Democrats do, the NAFTA issue that matters the most is dairy, and everyone in Canada loves tying their opponent to the unpopular President Donald Trump. — Canadian officials denied a U.K. tabloid headline that Trump “snubbed” Prime Minister Justin Trudeau by declining a meeting during the U.N. General Assembly in New York. On Tuesday, Freeland will attend events on the plight of Myanmar’s Rohingya and peacekeeping reform, as well as host a meeting for G-7 foreign ministers. C’EST MARDI — Welcome to POLITICO Pro Canada’s a.m. newsletter. The event also features a briefing by our White House, campaigns, and economic policy reporters. TAX: The National Association of Manufacturers submitted recommendations to Republican lawmakers working on a second round of tax reform, reports Pro Tax’s Bernie Becker. The manufacturers group also asked that Congress drop the corporate rate below the 21 percent enacted under the Tax Cuts and Jobs Act, H.R. The discussion over “Tax Reform 2.0” is unfolding as Canada’s finance minister, Bill Morneau, considers how to respond to the first round of U.S. tax cuts. — “Alberta still out of climate change accord until pipeline approved: Notley.” The Canadian Press. 8 a.m. — The Council on Foreign Relations will host a discussion about Canada's global outlook.

Trump said to be reviewing Trans-Pacific Partnership in major trade U-turn

Donald Trump once boasted of killing the Trans-Pacific Partnership (TPP), calling the giant trade pact a “fraud”. Now, apparently, he wants in. During a meeting with Republican senators on Thursday, Trump reportedly asked Larry Kudlow, his national economic council chairman, and the US trade representative Robert Lighthizer to take another look at the pact – a deal he once called Republicans “stupid” for endorsing. It does not stop Japan's currency manipulation. April 22, 2015 The move runs counter to Trump’s repeatedly expressed belief that he prefers “bilateral” trade agreements – between the US and one other country – to wide-ranging pacts like TPP and the North American Free Trade Agreement (Nafta), which he has also said should be rewritten or scrapped. But at a time of increasing tensions over trade between the US and China, revising a deal he once argued was “pushed by special interests who want to rape our country” could offer the US greater leverage in negotiations with Beijing. He called it a “horrible deal” and “one of the worst trade deals”. The pact, involving 11 countries that border the Pacific Ocean but excluding China, was supposed to create a new trading bloc and foster better relations in a region that accounts for 40% of the world’s economic output. Trump’s Democratic rival, Hillary Clinton, had also come out against TPP. If we did a substantially better deal, I would be open to TPP.”