Mexico City | Reuters — Trade negotiators from Canada and the U.S. gathered under rainy skies in Mexico City on Friday to discuss the North American Free Trade Agreement, with the mood darkened by U.S. President Donald Trump’s persistent threats to pull out. Teams from the three countries were due to kick off a second […] Read more
Tag Archives nafta
NAFTA talks resume in Mexico City
U.S. retail, dining, ag sectors rip NAFTA produce proposal
Washington | Reuters — U.S. retail, restaurant and agriculture groups have weighed in against proposals regarding fresh produce put forward by U.S. negotiators as part of an effort to renegotiate NAFTA, according to letters sent to U.S. officials. Talks to overhaul the North American Free Trade Agreement resume this weekend in Mexico, the second round […] 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
NAFTA negotiators hone in on origin rules, dispute settlement
Washington | Reuters — U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the region, services trade and a controversial dispute settlement system. A copy of the NAFTA negotiating agenda obtained by Reuters […] Read more
If NAFTA ain’t broke, don’t fix it, pork sector says
CNS Canada — As talks begin toward reworking the North American Free Trade Agreement, John Ross of the Canadian Pork Council repeats what many in the pork and beef industries in Canada and the U.S. have been saying all along: First, do no harm. “The worst thing that could happen to us was if we […] 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
Canada suggests it could quit NAFTA talks over dispute mechanism
Ottawa | Reuters –– Canada laid down a tough line ahead of talks on modernizing NAFTA on Monday, suggesting it could walk away if the U.S. pushed to remove a key dispute-settlement mechanism in the trade deal. Foreign Minister Chrystia Freeland, giving the most substantive outline yet of Canada’s goals, said she was “very optimistic” […] Read more
Ahead of NAFTA talks, Canada says dispute mechanism essential
Ottawa | Reuters — An effective dispute settlement mechanism is essential in any trade agreement, Canada’s foreign affairs minister said on Friday, less than a week before the first round of negotiations on the North American trade pact. Canada’s desire to include a dispute settlement mechanism in a renegotiated North American Free Trade Agreement (NAFTA) […] Read more
Canada, Mexico urge quick NAFTA talks to end uncertainty
Washington/Ottawa | Reuters — Top Canadian and Mexican diplomats expressed optimism on Thursday that a NAFTA deal could be reached early next year and cautioned that widespread uncertainty over the future of the three-way trade agreement had slowed business investment. Mexican sources say the plan is to hold seven rounds of talks at three-week intervals, […] Read more
NAFTA dispute resolution mechanism critical, Canada says
Ottawa | Reuters — Canada believes it is critical for NAFTA to have a dispute resolution mechanism, a senior official said on Tuesday, setting up a potential clash with Washington when talks to renegotiate the pact begin. The U.S. on Monday released its goals for the talks, which aim to update an agreement that came […] Read more
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