GFM Network News






New Mexican duties against U.S. ready soon, minister says

Toronto | Reuters — Mexico is finalizing duties to impose on new U.S. products in retaliation for the Trump administration’s steel and aluminum tariffs and details should be available soon, Economy Minister Graciela Marquez said on Tuesday. Mexico and Canada have both imposed retaliatory measures on billions of dollars of U.S. goods. Mexico said in […] Read more



USMCA deal modestly boosts U.S. economy, trade panel finds

Washington | Reuters — The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday. The ITC report is a crucial step in the push […] Read more



USMCA costs Canada sovereignty in ag policy, critics warn

Changes to Canadian dairy supply management in the final text of the new U.S.-Mexico-Canada Agreement give up oversight of the system to the U.S., Canada’s dairy farmer group warns. The trade deal, signed Friday in Buenos Aires by Prime Minister Justin Trudeau, U.S. President Donald Trump and Mexico’s outgoing President Enrique Pena Nieto, now goes […] Read more



Canada's Foreign Minister Chrystia Freeland, shown here at a Nov. 1, 2018 press conference, considers the steel and aluminum tariffs the Trump administration imposed against Canada illegal.

Dairy issue nags as U.S., Canada prepare to sign trade pact

New York/Ottawa | Reuters — Dairy remains a sticking point between the United States and Canada as the countries prepare to sign a new North American trade pact this week, according to four sources familiar with the matter. U.S. objections to Canada’s protected internal market for dairy products was a major challenge facing negotiators during […] Read more