Today, NAFTA talks continued to dominate the markets. Yesterday has brought a possible preliminary agreement between the US and Mexico, but in order for the free trade agreement to be ratified, Canada's permission was also needed. Today, there seems to be some progress in this direction as Canada is ready to make concessions for the Trump administration on the dairy market in the country in exchange for compromises in other areas such as the protection of cultural industries (protection of television and radio against competitors in the US), as well as avoiding the strict protection of pharmaceutical patents. The Canadian state is already prepared to abolish regulations that block exports of US ultra-filtered milk to Canada. In addition, American farmers will be offered a percentage of the Canadian dairy market. As a result, the Canadian dollar was slightly increasing this morning.
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