Washington/Ottawa | Reuters — The U.S., Mexico and Canada still have to resolve major issues around NAFTA, Canadian Foreign Minister Chrystia Freeland said on Friday, casting doubt that the quick deal sought by Washington would materialize. Freeland met with U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo for several hours on Friday […] Read more
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No breakthrough at NAFTA talks, U.S. timeline could be in doubt
Canada reports progress on NAFTA, says ‘we’re not there yet’
Ottawa/Mexico City | Reuters — Mexico, Canada and the U.S. have made good progress in their bid to modernize the NAFTA trade pact but still have work to do, Canadian Foreign Minister Chrystia Freeland said Wednesday. Freeland also said she would be flying to Washington for a meeting on Thursday with U.S. Trade Representative Robert […] Read more
U.S. optimistic about quick NAFTA deal, Canada more downbeat
Ottawa | Reuters — U.S. Trade Representative Robert Lighthizer on Wednesday expressed optimism that talks to modify NAFTA could be wrapped up quickly, but a top Canadian official was more downbeat, saying much work remained. The U.S. wants to speed up the slow pace of negotiations on the US$1.2 trillion North American Free Trade Agreement, […] Read more
U.S. pushes NAFTA talks pace, warns of political headwinds
Mexico City | Reuters — Mexican and U.S. officials pushed on Monday to speed up NAFTA negotiations, with the U.S. floating the idea of reaching an agreement “in principle” in coming weeks to avoid political headwinds later this year. U.S. Trade Representative Robert Lighthizer, showing impatience at the slow pace of the talks, said Mexico’s […] Read more
U.S. rejects proposals to unblock NAFTA, but will stay in talks
Montreal | Reuters — U.S. President Donald Trump’s trade chief on Monday dismissed Canadian proposals for unblocking NAFTA modernization talks but pledged to stay at the table, easing concerns about a potentially imminent U.S. withdrawal from the trilateral pact. Trump, who described the 1994 pact as a disaster that has drained manufacturing jobs to Mexico, […] Read more
NAFTA negotiators trade barbs, agree on extension
Washington | Reuters — Trade negotiators from the U.S. and Canada accused each other of sabotaging attempts to renegotiate the North American Free Trade Agreement on Tuesday, even as they and Mexico agreed to extend talks into 2018. A round of talks in Washington that lasted seven days failed to find the most basic common […] Read more
Tough U.S. NAFTA demands send ball back into lobbyists’ court
Arlington, Va. | Reuters — Lobbying efforts on the North American Free Trade Agreement faced a major test this week after the Trump administration ignored advice from U.S. business groups and pitched proposals to radically reshape NAFTA, leaving its future in doubt. The U.S. demands to force renegotiation of NAFTA every five years and reserve […] Read more
U.S. wants NAFTA five-year sunset provision
Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Thursday that the United States was seeking to add a five-year sunset provision to the North American Free Trade Agreement to provide a regular, “systematic re-examination” of the trade pact. Ross told a forum hosted by Politico that both he and U.S. Trade Representative Robert […] Read more
Mexico, Canada dismiss Trump threats to scrap NAFTA
Mexico City/Ottawa | Reuters — Mexico and Canada on Wednesday dismissed U.S. President Donald Trump’s threat to scrap NAFTA, describing it as a negotiating tactic designed to gain an advantage during talks to update one of the world’s biggest trading blocs. In comments that initially pushed Mexico’s peso currency down by more than one per […] Read more
U.S. takes tough lines as NAFTA negotiations begin
Washington | Reuters — The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing U.S. trade deficits with Mexico and Canada and boosting U.S. content for autos. At the start of talks in Washington, U.S. President Donald Trump’s top trade adviser, Robert […] Read more
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