Trade
Art of the deal
This evening, G20 finance ministers will sit down to dinner in Buenos Aires as a precursor to the summit tomorrow. It’s unlikely to be a relaxing affair for Canadian, Mexican and American representatives. Friday is the target date for all three to sign the revised Nafta deal and, despite some 15 months of gruelling negotiations, trade officials are still at odds over the details – from the official name of the deal to tariffs on dairy, poultry and eggs. Even if pens are put to paper on Friday the hard work won’t be over. In the US, Congress must ratify the deal and, come January, the House will be controlled by Democrats eager to undo President Trump’s efforts before the 2020 election. Whatever Trump says on camera tomorrow, Nafta’s future remains uncertain.