Washington | Reuters — Canada’s top trade negotiator joins her Mexican and U.S. counterparts in Washington on Tuesday in a bid to remain part of a revamped trilateral North American trade pact, as U.S. officials expressed optimism a deal could be reached this week. But Ottawa will be under pressure to accept new terms on […] Read more
Tag Archives nafta — page 8
Canada rejoins NAFTA talks, deal seen as possible this week
U.S., Mexico reach NAFTA deal, turning up pressure on Canada
Washington | Reuters — The U.S. and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Auto stocks soared and financial markets firmed on the expectation that Canada […] Read more
U.S. drops ag demand from NAFTA talks, Mexico farm lobby says
Mexico City | Reuters — The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports, Mexico’s top farm lobby said on Sunday. Talks to rework the 24-year-old pact are entering a crucial phase and Mexican Economy Minister Ildefonso Guajardo said […] Read more
U.S. livestock: Hogs up, cattle firm on hopes for Mexico deal
Chicago | Reuters — U.S. hog and cattle futures rose on Friday, boosted by hopes that a trade agreement with Mexico will be finalized in the coming days, traders said. Mexico’s economy minister Ildefonso Guajardo said on Friday he hopes to conclude by the middle of next week outstanding bilateral issues with the U.S. surrounding […] Read more
NAFTA teams ready to ‘start solving’ stalled issues, Mexico says
Washington | Reuters — Mexican Economy Secretary Ildefonso Guajardo said on Friday that the negotiating teams for the North American Free Trade Agreement (NAFTA) are ready to kick off talks again after they stalled last month. NAFTA talks between the U.S., Mexico and Canada had stalled since June when the U.S. imposed tariffs on Mexican […] Read more
Mexico, Canada insist on three-way NAFTA deal
Mexico City | Reuters — Canadian and Mexican officials insisted that the North American Free Trade Agreement remain a trilateral pact on Wednesday and reiterated their opposition to U.S. calls for a so-called “sunset clause” that could end the deal after five years. After a meeting in Mexico City, Canadian Foreign Minister Chrystia Freeland and […] Read more
Opinion: Caught in the crosshairs
Trump’s tariffs cause trouble on both sides of the border
An escalating global trade war shows no signs of slowing down. The United States filed five separate complaints in Geneva July 16 after several countries, including Canada, imposed retaliatory tariffs against a wide range of American goods after Washington imposed an import tariff on steel and aluminum products in June. Canada imposed a $16.6 billion […] Read more
Opinion: Length of trade war is the big question
Increased protectionism within the global trading environment is causing major shifts in how countries do business — and world leaders are scrambling to keep pace. Despite the existence of highly integrated economies, protectionism is growing in popularity — spurred on by a White House that seems to be doing everything in its power to cut […] Read more
OPINION: As Parliament closes for summer break, uncertainty dominates
It’s been a long haul. MPs wrapped up their last midnight sittings and headed home to their ridings for the summer. The last official sitting day was June 22. Bill C-45 is at the heart of the government’s promise to legalize cannabis, while Bill C-46 deals with impaired driving. Both bills passed just before the […] Read more
Trump says ‘getting there’ in NAFTA talks
Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not […] Read more
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