Despite some contentious issues still on the table, the increasingly positive tone contrasted with U.S. President Donald Trump's harsh criticism of Canada in recent weeks, raising hopes that the year-long talks on the North American Free Trade Agreement will conclude soon with a trilateral deal.
Canadian Foreign Minister Chrystia Freeland told reporters on Friday afternoon that the US and Canada will continue to work toward a deal.
Speaking to reporters Friday in Oshawa, Ont., Prime Minister Justin Trudeau was asked about the reports on Trump's off-the-record comments. And his team said it preferred bi-lateral, or two-way, deals with each of Canada and Mexico.
But The Toronto Star reports that it obtained comments from an off-the-record portion of an Oval Office interview between Trump and Bloomberg News. USA trade officials will meet with their Canadian counterparts next Wednesday, he said.
"Wow, I made OFF THE RECORD COMMENTS to Bloomberg concerning Canada, and this powerful understanding was BLATANTLY VIOLATED", Trump wrote.
"But eventually, I'm sure that we'll be able to work out a deal with China".
His comments come amid tense, ongoing trade negotiations between the USA and Canada.
"The Star was not able to independently confirm the remarks with 100 per cent certainty, but the Canadian government is confident they are accurate", the article read.
Canada´s lead negotiator and Foreign Minister Chrystia Freeland is scheduled to hold a press conference at 4:30 PM Eastern Time Friday (2030 GMT).More news: MSNBC Guest Thinks DeSantis 'Monkey' Comment as Bad as 'N-Word'
Despite the U.S. president's comments, and the failure to smooth over differences as of yet, the top U.S. trade official, Robert Lighthizer said that progress had been made. Lighthizer told reporters Friday morning that Canada was not making concessions about U.S. dairy access to the Canadian market.
Then Mexico, which had talked a good game along with us on insisting there'd be no bilateral agreements, started having a detailed two-way negotiation, as our lead negotiator and her team sat on the sidelines. "If we don't make a fair deal for the USA after decades of abuse, Canada will be out". They met late into the evening Thursday in search of a compromise in time for the deadline imposed by U.S. President Donald Trump. Canadian stocks remained 0.5 percent.
The euro was also hit by Trump's comments saying that the European Union's proposal to eliminate auto tariffs was "not good enough".
Issues that have led to discord between the neighbouring countries include Canada's dairy trade rules, dispute-handling mechanisms and patent protections for medicines.
Mr Trump has also turned up the heat on the European Union, rejecting its offer to eliminate vehicle tariffs if the United States does the same.
"It's great for us as internet leaders", said Enrique Culebro, head of Mexico's internet association, which represents Amazon, Wal Mart de Mexico and various online services.
"We have been very clear about where our red lines are".
Trump also wants a NAFTA deal that eliminates dairy tariffs of up to 300 percent that he argues are hurting US farmers, an important political base for Republicans.
Later, at an unrelated event in North Carolina, the president professed his admiration for Canada.
"They're principally focused on countries that have large trade deficits with them, ' said Canada's ambassador to the U.S. David MacNaughton".