Treasury Secretary: Nafta Overhaul and Steven Mnuchin

treasury secretary: Trump announces US-Mexico trade deal, setting stage for Nafta overhaul Read more The US treasury secretary, Steven Mnuchin, said he was optimistic that Canada will join Mexico in signing up to the proposed restructuring of the 25-year-old North American Free Trade Agreement Nafta trilateral trade pact, according to The Guardian. I think our objective is to try to get Canada on board quickly, he said, speaking to CNBC on Tuesday. Global stocks reacted positively to the breakthrough, with investors expressing optimism the deal could signal a change in the Trump administration's provocative stanceon global trade. The Trump-Mexico deal announcement had pushed the S&P 500 and Nasdaq indexes to fresh records on Monday, and on Tuesday, Europe and Asia followed Wall Street's lead, inching to multi-month highs. Asian shares joined the rally on Wednesday with markets in Tokyo, Seoul, Hong Kong and Sydney all in positive territory. The FTSE 100 closed up about 40 points, or 0.5%, on Tuesday, while trading on Wall Street nosed the S&P 500 and the Nasdaq up to close at record closing highs for the third consecutive session. (news.financializer.com). As reported in the news.