U.S. and Canada Are Close to Reaching Nafta Deal This Weekend

U.S. and Canadian negotiators are close to a deal on Nafta and there’s optimism it will be reached by the Sunday deadline -- an outcome that would avoid an impasse that imperils $500 billion in annual trade, people familiar with the talks said.

There’s renewed urgency to nail down a new North American Free Trade Agreement that could be published by Sunday so it can be signed by Mexican President Enrique Pena Nieto before he leaves office, the people said. The U.S. and Mexico reached their own agreement in August, triggering talks between the U.S. and Canada, which are being held around the clock this weekend.