GFM Network News


U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] 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



U.S. to seek comprehensive ag access in EU trade talks

Washington | Reuters — The United States on Friday signaled it would not bow to the European Union’s request to keep agriculture out of this year’s planned U.S.-EU trade talks, publishing negotiating objectives that seek comprehensive EU access for American farm products. The objectives, required by Congress under the “fast-track” trade negotiating authority law, seek […] Read more



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



Canada not making concessions needed for NAFTA deal, says U.S.

New York | Reuters — Canada is not making concessions needed to reach a deal with the U.S. for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday. The administration of President Donald Trump has recently begun increasing the pressure […] Read more