Mexico City | Reuters — Mexico’s incoming government will pursue a bilateral deal with Canada if talks to overhaul the North American Free Trade Agreement falter, Mexican president-elect Andres Manuel Lopez Obrador said on Friday. After more than a year of talks to modernize the NAFTA trade pact between the United States, Mexico and Canada, […] Read more
Tag Archives nafta — page 6
Mexico says will seek deal with Canada if NAFTA talks fail
NAFTA talks grind on with little sign of deal
Washington | Reuters — Canada and the U.S. showed scant sign of being close to striking a deal on revamping the trilateral NAFTA that underpins US$1.2 trillion in annual trade, as Canadian sources played down talk of a U.S. quota on autos. Canada says it does not feel bound by a U.S.-imposed deadline for the […] Read more
Trudeau urges some U.S. flexibility in NAFTA talks
Washington/Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the U.S. if the two sides are to reach a deal on renewing NAFTA, which Washington insists must be finished by the end of the month. Ottawa is pushing back against increasing pressure by the administration of […] Read more
‘Buyer beware’ on Canada’s cheese concessions, EU exporters say
Toronto/Brussels | Reuters — A trade deal meant to give European cheesemakers more access to the Canadian market is falling short of its promise in its first full year, government data show, frustrating the European industry, which blames a year-old Ottawa quota system. Under the Comprehensive Economic and Trade Agreement (CETA) with the European Union, […] Read more
Trudeau says good NAFTA deal wanted soon, hazy on deadline
Saskatoon | Reuters — Canadian Prime Minister Justin Trudeau said Thursday he wanted a good NAFTA deal as soon as possible, but did not answer directly when asked if he agreed with Washington that the end of September was the final deadline for talks. Canada and the U.S. are struggling to settle differences over access […] Read more
Sources say Canada ready to offer dairy access in NAFTA talks
Ottawa/Washington | Reuters — Canada is ready to offer the U.S. limited access to the Canadian dairy market as a concession in negotiations to rework the North American Free Trade Agreement, two Canadian sources with direct knowledge of Ottawa’s negotiating strategy said on Tuesday. U.S. President Donald Trump said at the White House that trade […] Read more
Freeland to hold NAFTA talks Tuesday
Ottawa | Reuters — Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington on Tuesday for another round of talks to renew the NAFTA trade pact, an official said on Monday, as time runs short to seal a deal. Freeland spokesman Adam Austen did not give details. After more than […] Read more
U.S.-Canada trade talks grind on, ‘final’ issues unresolved
Washington | Reuters — U.S. and Canadian negotiators pushed ahead in grinding talks to rescue the North American Free Trade Agreement on Thursday, but a few stubborn issues stood in the way of a deal, including dairy, protection for media companies, and how to solve future trade disputes. A U.S. source familiar with the discussions […] Read more
U.S. grains: Wheat extends losing streak
Chicago | Reuters — Chicago Board of Trade wheat futures fell for the third day in a row to their lowest in more than seven weeks on Thursday on expectations that U.S. supplies will continue to struggle to gain traction on the global export market, traders said. Corn futures ended firm, supported by bargain buying […] Read more
CBOT weekly outlook: Heavy rains threaten soybean quality
CNS Canada — Heavy rains across the U.S. Midwest and a murky outlook on international trade appear ready to drive down the soybean market in the lead-up to next week’s supply and demand report. The U.S. Department of Agriculture will release its monthly estimates on Sept. 12 and traders have already started to take positions. […] Read more
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