Canada is not the main target in U.S. trade focus: Blackstone's Schwarzman

Canada is not the main target of U.S. President Donald Trump's push to renegotiate the NAFTA trade accord and is unlikely to be hit hard by any changes to the deal, Reuters reported, quoting the head of a business advisory council to Trump. "Canada is very well-positioned for any discussions with the United States," Stephen Schwarzman, named by Trump to a lead a forum that includes a variety of major U.S. corporations to advise on job creation, said. Schwarzman, who is CEO of U.S. private equity firm Blackstone Group LP, added that the risk of Canada suffering collateral damage from the NAFTA talks was low.

23 January 2017•2 mins read
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