Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will visit three major U.S. cities next month to bolster support for NAFTA as negotiators revising the trade pact tackle major differences, officials said on Friday. The timing of Trudeau’s Feb. 7-10 trip is significant, since it comes after a sixth and penultimate round of talks […] Read more
Tag Archives nafta — page 14

Trudeau to boost support for NAFTA in U.S. as talks intensify

Montreal round of NAFTA talks extended to Jan. 29
Mexico City | Reuters — The upcoming round of talks in Montreal to update the North American Free Trade Agreement (NAFTA) will be extended by one day and will now conclude Jan. 29, Canadian and Mexican sources told Reuters on Thursday. Trade negotiators from the U.S., Canada and Mexico were originally scheduled to meet from […] Read more

TPP seen critical for beef sales growth in Japan
Canadian beef producers could be out millions of dollars in new exports if Canada is shut out of the Trans-Pacific Partnership (TPP). Why is it important? Beef exports, especially from Ontario, have been growing significantly to Japan and elsewhere in Asia. Allowing other competitors such as Mexico and New Zealand better access to that market, […] Read more

U.S. livestock: Hogs turn up on short-covering, bargain buying
Chicago | Reuters — Chicago Mercantile Exchange lean hogs finished higher on Friday after short covering and bargain buying pared some of the market’s recent losses tied to fears about NAFTA negotiations, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement, following Canadian government worries that the U.S. […] Read more

Canada welcomes Trump suggestion of NAFTA deadline extension
London, Ont. | Reuters — Canada welcomes the suggestion by U.S. President Donald Trump that the deadline for concluding talks to modernize NAFTA could be extended beyond the end of March, Foreign Minister Chrystia Freeland told reporters on Friday. Trump told the Wall Street Journal on Thursday that “a lot of things are hard to […] Read more

Canada talks tough on trade as NAFTA talks’ endgame nears
London, Ont. | Reuters — Canada is talking tough with the U.S., stressing its determination to push back against what it says are unfair trade practices ahead of crucial talks to revamp the tri-nation North American Free Trade Agreement. U.S., Canadian and Mexican officials meet this month for the sixth and penultimate round of talks […] Read more

Canadian companies struggle to plan for post-NAFTA world
Toronto | Reuters — Canadian industries that would be most acutely impacted by the death of the North American Free Trade Agreement are unable to meaningfully plan for a possible post-NAFTA world given the uncertainty of what could replace it, analysts and executives said. With three quarters of Canadian exports landing in the U.S., the […] Read more

U.S. livestock: Fund selloff, NAFTA concerns extend hog losses
Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed lower for a second straight day on Thursday, pressured by fund liquidation and jitters about NAFTA talks, said traders. On Wednesday, Mexico said it would withdraw from the North American Free Trade Agreement (NAFTA) if the U.S. exits trade talks with Canada. Mexico is the […] Read more

Mexico will leave NAFTA talks if Trump triggers process to withdraw
Mexico City | Reuters — Mexico will leave the NAFTA negotiating table if U.S. President Donald Trump decides to trigger a six-month process to withdraw from the trade pact, three Mexican sources with knowledge of the talks told Reuters on Wednesday. Reuters reported earlier in the day that Canada was increasingly convinced that Trump would […] Read more

U.S. livestock: NAFTA worries drag CME hogs from one-year high
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid from a one-year top earlier in the session, rattled by fund selling and Canadian government concerns over NAFTA talks with the U.S., said traders. Canada is increasingly convinced that President Donald Trump will soon announce the U.S. intends to pull out of the […] Read more