The government has frequently reminded the USA that 35 states and nine million American jobs depend on trade with Canada. Mexico will host the fifth round of talks in Mexico City from November 17-21. Chief negotiators are then planning to meet in Washington in December, and additional rounds will be scheduled through the first quarter of 2018.
USA senators, including Republican Rob Portman and Democrat Sherrod Brown, pushed for a strong commitment to avoid currency manipulation in the 12-nation Trans-Pacific Partnership, a trade deal that President Donald Trump withdrew from before lawmakers approved it.
The looser treatment of foreign-exchange issues may frustrate those who have called for tougher language on currencies in trade deals, including US automakers and some American lawmakers.
The report, the official said, will serve as a reminder that there are many in the USA who agree with improving and modernizing the trading relationship with Canada, and that Congress will have a major say in the future of the deal.
NAFTA ripped down most trade barriers between the U.S., Canada and Mexico.
The congressional report says the auto industry is a significant source of U.S.jobs, while NAFTA was instrumental in the development of North American supply chains.
Rep. Sander Levin, D-Mich., said in a news release late today that "renegotiation of NAFTA must include addressing boldly its most flagrant flaw - the impact of the shift of manufacturing and its jobs to Mexico through its rigid structure not only of very low wages, but wages suppressed by a pervasive lack of labor rights".
Trump falsely claims Obama didn't call the families of fallen soldiers
Another added: "I am gold star Mom and, I've never in my life felt so much hatred as I do towards this troll in the Oval Office". First Lieutenant Robert Kelly died in action while serving with the Marines in Afghanistan in 2010.
The extension signals the potential demise of a trade pact that, while critical to North American commerce, has come under withering criticism from the Trump administration as a bad deal for U.S. workers. (The United States logged an $8 billion trade surplus with Canada in 2016).
But the apparent deadlock in the talks underscored how a keystone of regional trade - USA trade with Mexico has tripled since 1993 to $1.2 trillion - was now in jeopardy.
With this in mind, Canada, Mexico, and the United States intend to allow for a longer intersessional period before the next negotiating round begins, so that all proposals can be assessed.
"These proposed rules would increase the cost of manufacturing and raise prices for consumers", said Ann Wilson, senior vice president for government affairs at the Motor & Equipment Manufacturers Association, which represents auto suppliers.
"New tariffs or trade barriers have the potential of disrupting these supply chains, which could raise costs for USA consumers and possibly make goods and services produced throughout North America less competitive in foreign markets", it points out.
The U.S. business community says it wants to make investment decisions based on market forces, but wants political risk insurance paid for by the U.S. government, he said.