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., Mexico reach NAFTA deal, turning up pressure on Canada
Swiss government urges voters to reject more state help for farmers
Zurich | Reuters — The Swiss government urged voters on Tuesday to reject more help for farmers and other proposals for agriculture in a referendum next month, saying they would send food prices rocketing and hurt the economy. Switzerland will two hold referendums on Sept. 23 — one on giving more state support to farmers […] Read more
Quebec offers aid to lessen brunt of U.S. tariffs
Montreal | Reuters — The Quebec government on Wednesday said it would spend $863 million over five years to mitigate the impact of U.S. tariffs on companies and the province’s agriculture sector. The plan would provide direct financial aid to some companies affected by the tariffs and would support investments to improve productivity, worker training […] Read more
Saskatchewan highways minister moves to ag file
Saskatchewan’s highways and infrastructure minister is going off-road in his next cabinet assignment as minister of agriculture. David Marit, the MLA for the southwestern riding of Wood River since 2016, was named Wednesday by Premier Scott Moe to pick up the ag portfolio from Lyle Stewart. Stewart, the MLA for the south-central riding of Lumsden-Morse, […] Read more
G20 ag ministers slam protectionism, pledge WTO reforms
Buenos Aires | Reuters — Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system. In the statement, they said they were “concerned about the increasing use […] 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
Canada’s new export minister to push beyond U.S. market
Ottawa | Reuters — Canada has created a new federal cabinet position to help exporters look beyond the U.S. and there will be resources for small businesses that want to take advantage of new trade deals, the new minister for export promotion said on Tuesday. Mary Ng, who vaulted to cabinet-level last week to take […] Read more
Trump to offer U.S. farmers billions to ease trade pain
Washington/Kansas City | Reuters — The Trump administration on Tuesday said it would provide up to US$12 billion in aid for U.S. farmers to shield them from the repercussions felt by trade spats between the United States and China, the European Union and others. China has targeted U.S. agricultural exports with tariffs in retaliation to […] Read more
World’s ‘affection’ for Canada will help in trade diversification: Carr
Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more