Washington/Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said on Wednesday he wanted to see flexibility from the U.S. if the two sides are to reach a deal on renewing NAFTA, which Washington insists must be finished by the end of the month. Ottawa is pushing back against increasing pressure by the administration of […] Read more
Trudeau urges some U.S. flexibility in NAFTA talks
Trump to slap more tariffs on Chinese goods
Washington | Reuters | Updated Sept. 18, 2018 — U.S. President Donald Trump said on Monday he will impose 10 per cent U.S. tariffs on about US$200 billion worth of Chinese imports, but he spared smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats. Trump, in […] Read more
Sources say Canada ready to offer dairy access in NAFTA talks
Ottawa/Washington | Reuters — Canada is ready to offer the U.S. limited access to the Canadian dairy market as a concession in negotiations to rework the North American Free Trade Agreement, two Canadian sources with direct knowledge of Ottawa’s negotiating strategy said on Tuesday. U.S. President Donald Trump said at the White House that trade […] Read more
U.S.-Canada trade talks grind on, ‘final’ issues unresolved
Washington | Reuters — U.S. and Canadian negotiators pushed ahead in grinding talks to rescue the North American Free Trade Agreement on Thursday, but a few stubborn issues stood in the way of a deal, including dairy, protection for media companies, and how to solve future trade disputes. A U.S. source familiar with the discussions […] Read more
U.S.-China talks on trade war resume as new tariffs kick in
Beijing/Washington | Reuters – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of products […] 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
U.S. soybeans stay on China’s retaliation list for Trump tariffs
Washington/Beijing | Reuters — U.S. President Donald Trump said he was pushing ahead with hefty tariffs on US$50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind. Trump laid out a list of more than […] Read more
China agrees to import more ag commodities, fuels from U.S.
Washington | Reuters — China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said Saturday, but made no mention of a US$200 billion target the White House had touted earlier. Beijing and Washington agreed they would keep talking about measures under which China would import more energy and […] Read more
NAFTA nations ‘nowhere near’ a deal, USTR says
Washington/New York | Reuters — The top U.S. trade official on Thursday poured cold water on the prospect of an imminent breakthrough in talks to rework the North American Free Trade Agreement (NAFTA) hours after Canada’s prime minister struck a positive note. “The NAFTA countries are nowhere near close to a deal,” U.S. Trade Representative […] Read more
U.S. pushing for NAFTA deal ahead of Thursday deadline
Washington | Reuters — The United States is still pushing for a deal to revise the North American Free Trade Agreement (NAFTA), the White House said on Wednesday, while a top Mexican official held out the possibility of an agreement in the coming weeks. President Donald Trump is committed to getting a better agreement with […] Read more