GFM Network News


Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

Trump says impeachment inquiry could derail North America trade deal

Washington/Mexico City | Reuters — U.S. President Donald Trump warned on Wednesday that an impeachment inquiry against him could derail congressional approval of a North America trade pact, dragging down Mexico’s peso and stock market as investors fled riskier assets. While U.S. Trade Representative Robert Lighthizer said he was confident the U.S-Mexico-Canada trade agreement would […] Read more

Mexico’s president-elect Andres Manuel Lopez Obrador looks on while listening to relatives of missing persons in Mexico City on Sept. 14, 2018. (File photo: Reuters/Violeta Schmidt)

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






(Toyota.ca)

‘Progress’ seen by ministers at NAFTA talks, but breakthrough elusive

Washington | Reuters — Canadian, Mexican and U.S. officials hailed progress on revamping the North American Free Trade Agreement (NAFTA) on Tuesday as efforts focused on crafting new rules for the auto sector, but there was no sign of a major breakthrough. Canadian Foreign Minister Chrystia Freeland, U.S. Trade Representative Robert Lighthizer and Mexican Economy […] Read more





U.S. trade negotiators are skeptical of a Canadian suggestion that North American content in automobiles would be higher if the value of software and related materials produced by the three NAFTA nations were taken into account. (Ford.ca)

U.S. rejects proposals to unblock NAFTA, but will stay in talks

Montreal | Reuters — U.S. President Donald Trump’s trade chief on Monday dismissed Canadian proposals for unblocking NAFTA modernization talks but pledged to stay at the table, easing concerns about a potentially imminent U.S. withdrawal from the trilateral pact. Trump, who described the 1994 pact as a disaster that has drained manufacturing jobs to Mexico, […] Read more

A pair of Bombardier C series jets. (Bombardier.com)

At NAFTA talks, Canada hails jet case as victory for free trade

Montreal | Reuters — Canadian plane maker Bombardier won a major U.S. case on Friday, which government officials said showed the importance of free trade at a time when talks to modernize the NAFTA pact are moving slowly. A U.S. tribunal unexpectedly dismissed a complaint by Boeing against alleged dumping by Bombardier in the case […] Read more