Washington | Reuters — China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current North […] Read more
Trade pact clause seen deterring China trade deals with Canada, Mexico
Mexican president-elect insists on trilateral NAFTA
Washington/Mexico City | Reuters — The United States and Mexico are due to release the text of their trade agreement on Friday, increasing pressure on Canada to join its partners in revamping the North American Free Trade Agreement while Mexico’s president-elect said he would insist on a trilateral pact. President-elect Andres Manuel Lopez Obrador said […] Read more
Trump slams Canada over NAFTA, says rejected Trudeau meeting
United Nations | Reuters — U.S. President Donald Trump on Wednesday blasted Canada over the slow pace of talks over NAFTA, saying he was so unhappy that he had rejected Canadian Prime Minister Justin Trudeau’s request for a one-on-one meeting. The remarks by Trump, who repeated a threat to impose tariffs on Canadian autos, knocked […] Read more
Canada not making concessions needed for NAFTA deal, says U.S.
New York | Reuters — Canada is not making concessions needed to reach a deal with the U.S. for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday. The administration of President Donald Trump has recently begun increasing the pressure […] 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
Trump to slap more tariffs on Chinese goods
Washington | Reuters | Updated Sept. 18, 2018 — U.S. President Donald Trump said on Monday he will impose 10 per cent U.S. tariffs on about US$200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats. Trump, in […] 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
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.-China talks on trade war resume as new tariffs kick in
Beijing/Washington | Reuters – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of products […] 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
Canadian Cattlemen Presents: Depth of Field
