Friday marks a big deadline for NAFTA — here's what five experts say about trade and markets

Canada's deadline to sign onto a trade deal between the United States and Mexico is fast approaching. The country has until Friday to join the new NAFTA deal that the U.S. and Mexico struck Wednesday.

"Markets would really, really like a deal," American Enterprise Institute fellow James Pethokoukis told CNBC on Wednesday. "They would quit trying to play scenarios about withdrawing and what that would mean. They want that certainty."

Trade war fears helped drive stocks lower Thursday, as Wall Street reacted to reports that President Donald Trump would support moving ahead with tariffs on Chinese imports. Here's what five experts had to say about trade and markets ahead of the big NAFTA deadline.

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Trading Nation is a multimedia financial news program that shows investors and traders how to use the news of the day to their advantage. This is where experts from across the financial world – including macro strategists, technical analysts, stock-pickers, and traders who specialize in options, currencies, and fixed income – come together to find the best ways to capitalize on recent developments in the market. Trading Nation: Where headlines become opportunities.

Michael Santoli

Michael Santoli joined CNBC in October 2015 as a Senior Markets Commentator, based at the network's Global Headquarters in Englewood Cliffs, N.J.  Santoli brings his extensive markets expertise to CNBC's Business Day programming, with a regular appearance on CNBC's “Closing Bell (M-F, 3PM-5PM ET).   In addition, he contributes to CNBCand CNBC PRO, writing regular articles and creating original digital videos.

Previously, Santoli was a Senior Columnist at Yahoo Finance, where he wrote analysis and commentary on the stock market, corporate news and the economy. He also appeared on Yahoo Finance video programs, where he offered insights on the most important business stories of the day, and was a regular contributor to CNBC and other networks.

Follow Michael Santoli on Twitter @michaelsantoli

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