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(Video screengrab from CBSA-asfc.gc.ca)
General, Markets, Reuters

NAFTA negotiations grind on

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Montreal | Reuters — U.S. negotiators are holding firm in their demands for a wide-ranging overhaul of NAFTA, sources close to the talks said on Thursday, raising questions about whether any real movement is happening at the latest round of negotiations on the treaty. Officials from Canada, Mexico and the U.S. are in Montreal for […] Read more
A giant Mexican flag at Cozumel’s Puerta Maya. (CIA.gov)
General, Markets, Reuters

Mexico will leave NAFTA talks if Trump triggers process to withdraw

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Mexico City | Reuters — Mexico will leave the NAFTA negotiating table if U.S. President Donald Trump decides to trigger a six-month process to withdraw from the trade pact, three Mexican sources with knowledge of the talks told Reuters on Wednesday. Reuters reported earlier in the day that Canada was increasingly convinced that Trump would […] Read more
Flags are pictured during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 19, 2017.
Comment/Columns, Free Market Reflections

NAFTA anxiety continues to build

Free Market Reflections with Steve Dittmer

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The intent of everyone going into the renegotiations of the North American Free Trade Agreement (NAFTA) was to get it over quickly, at least quickly by international trade negotiation standards. Canada didn’t think there was a lot to fix, Mexico had presidential elections set for next July and the U.S. general opinion, except for President […] Read more
Catedral Metropolitana de la Asuncion de Maria, Mexico City. (CIA.gov)
Corn, Crops, Reuters

Mexico court rejects appeal to lift GM corn ban

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Mexico City | Reuters –– A Mexican court has rejected a company’s appeal to lift a ban on commercial planting of transgenic corn in Mexico, passing the matter to the Supreme Court, a lawyer for the firm said Friday. A federal court in Mexico City rejected the suit by PHI Mexico, a unit of U.S. […] Read more
Canada's Foreign Minister Chrystia Freeland (c) addresses the media with Mexico's Economy Minister Ildefonso Guajardo (l) and U.S. Trade Representative Robert Lighthizer (r) at the close of the third round of NAFTA talks involving the United States, Mexico and Canada in Ottawa, Ont., on September 27, 2017.
Comment/Columns, Free Market Reflections

NAFTA talks take a sinister turn

Free Market Reflections with Steve Dittmer

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The NAFTA negotiators have completed Rounds 3 and 4 and the progress has been glacial. What we don’t know is whether that is just as well, seeing we can’t be sure what will satisfy President Trump. Round 3, held in Canada, was devoted to getting on paper the items the three countries could agree on. […] Read more
Closeup of the flags of the North American Free Trade Agreement NAFTA members on textile texture. NAFTA is the world's largest trade bloc and the member countries are Canada, United States and Mexico. 3D rendering with detailed textured grunge effect on closeup.
Comment/Columns, Free Market Reflections

After two rounds

Free Market Reflections with Steve Dittmer

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Two rounds of NAFTA renegotiation have been held and the three participants have been sizing each other up. While the three nations laid out their objectives in the first round, the second round was more about consolidating the things all three can agree on and cutting out the things that will be more difficult or […] Read more
A 2018 Ram 1500 pickup. (FCANorthAmerica.com)
General, Machinery, Markets, Reuters

U.S. stance on autos sows more doubt about NAFTA overhaul

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Arlington, Va. | Reuters — The Trump administration on Friday demanded that U.S.-made content account for half the value of the cars and trucks sold under the North American Free Trade Agreement, raising further doubts about any potential deal to renew the pact. Three sources briefed on the protectionist U.S. proposal, which is in line […] Read more

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