GFM Network News



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


Sharp differences over labour surface at NAFTA trade talks

Mexico City | Reuters — Tensions over sharp differences in pay between Mexican workers and their Canadian and U.S. counterparts surfaced on Sunday as negotiators discussed labour market rules in talks to overhaul the North American Free Trade Agreement. Canada’s biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labour […] Read more




Western states to get US$110M in drought aid

Washington | Reuters — The White House said Friday it would spend an additional US$110 million to help farmers and communities in western states hit hard by drought and wildfires. The drought has affected a third of the western United States, and President Barack Obama was slated to discuss it with western governors in a […] Read more