Washington | Reuters — Top-level talks to update the North American Free Trade Agreement made little headway on Wednesday as the U.S. and Mexico sought to settle differences over the key issue of automobiles, three well-placed sources said. With time fast running out to reach a deal, the two NAFTA members are discussing a U.S. […] Read more
Tag Archives nafta
NAFTA talks drag on as U.S., Mexico spar over autos
‘Progress’ seen by ministers at NAFTA talks, but breakthrough elusive
Washington | Reuters — Canadian, Mexican and U.S. officials hailed progress on revamping the North American Free Trade Agreement (NAFTA) on Tuesday as efforts focused on crafting new rules for the auto sector, but there was no sign of a major breakthrough. Canadian Foreign Minister Chrystia Freeland, U.S. Trade Representative Robert Lighthizer and Mexican Economy […] Read more
NAFTA talks resume amid fears of ‘zombie’ deal
Washington | Reuters — Senior Canadian, U.S. and Mexican officials trying to rescue slow-moving talks to update the NAFTA trade pact met on Monday in a new bid to resolve key issues before regional elections complicate the process. With time fast running out to strike some kind of deal on the North American Free Trade […] Read more
CBOT weekly outlook: Limited upside seen for U.S. soybeans
CNS Canada — It’s a fluid set of circumstances for the U.S. soybean market these days as U.S. negotiators head to China in a bid to get proposed tariffs lowered on U.S. imports — but the potential for any major rally appears limited. “I would say the beans have a more limited upside than the […] Read more
U.S. trade chief says NAFTA approval on ‘thin ice’ without deal soon
Washington/Mexico City | Reuters –– U.S. Trade Representative Robert Lighthizer said on Tuesday that if a deal to revise the North American Free Trade Agreement cannot be reached with Canada and Mexico in about three weeks, its approval by the U.S. Congress could be in jeopardy. Lighthizer said at a U.S. Chamber of Commerce event […] Read more
NAFTA ministers to reconvene Tuesday on signs of progress
Washington | Reuters — Canada and Mexico on Friday said good progress had been made in talks with the U.S. to modernize the North American Free Trade Agreement (NAFTA) and that ministers would meet again on Tuesday as they push to wrap up a deal. Canada’s Foreign Minister Chrystia Freeland and Mexican Economy Minister Ildefonso […] Read more
NAFTA officials set for Washington meeting to push for progress
Ottawa | Reuters — The top U.S., Canadian and Mexican officials driving NAFTA renegotiations will meet in Washington on Thursday, a Canadian government source said on Tuesday, as pressure for a quick deal mounted. Although the United States is eager to quickly wrap up negotiations to update the US$1.2 trillion North American Free Trade Agreement, […] Read more
U.S. to take another look at Pacific trade pact
Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more
OPINION: Why all the fuss about Canadian supply management?
Two reports shed a different light on the debate over Canada's dairy supports
Canada’s dairy system has figured prominently in the rhetorical dust storm surrounding ongoing NAFTA renegotiations. The Canadian government has so far remained steadfastly opposed to any significant change. Two documents that surfaced this week help explain why. The first, the U.S. Department of Agriculture’s “Regulatory Economic Impact Analysis of the Final Decision to Establish a […] Read more
No breakthrough at NAFTA talks, U.S. timeline could be in doubt
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