Montreal | Reuters — Canadian negotiators at the NAFTA talks on Wednesday unveiled ideas to address contentious U.S. demands for revamping the 1994 pact while Prime Minister Justin Trudeau urged top U.S. executives to back free trade. The sixth and penultimate round of negotiations to update the North American Free Trade Agreement (NAFTA) opened in […] Read more
Canada unveils ideas to save NAFTA
Key round of NAFTA talks opens amid upbeat signs
Montreal | Reuters — Officials opened a key round of negotiations to modernize NAFTA on Tuesday amidst optimistic signs, as U.S. President Donald Trump said the talks were going “pretty well” and Canada’s chief negotiator said he had high hopes for progress. Trump’s remarks helped the Mexican peso stem its losses, a reflection of how […] Read more
Trudeau to boost support for NAFTA in U.S. as talks intensify
Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will visit three major U.S. cities next month to bolster support for NAFTA as negotiators revising the trade pact tackle major differences, officials said on Friday. The timing of Trudeau’s Feb. 7-10 trip is significant, since it comes after a sixth and penultimate round of talks […] Read more
Canada talks tough on trade as NAFTA talks’ endgame nears
London, Ont. | Reuters — Canada is talking tough with the U.S., stressing its determination to push back against what it says are unfair trade practices ahead of crucial talks to revamp the tri-nation North American Free Trade Agreement. U.S., Canadian and Mexican officials meet this month for the sixth and penultimate round of talks […] Read more
NAFTA negotiators trade barbs, agree on extension
Washington | Reuters — Trade negotiators from the U.S. and Canada accused each other of sabotaging attempts to renegotiate the North American Free Trade Agreement on Tuesday, even as they and Mexico agreed to extend talks into 2018. A round of talks in Washington that lasted seven days failed to find the most basic common […] Read more
U.S. stance on autos sows more doubt about NAFTA overhaul
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
Trump says U.S.-Canada trade deal possible, excluding Mexico
Washington | Reuters –– U.S. President Donald Trump said on Wednesday he would be open to a bilateral trade pact with Canada if a deal cannot be reached with Mexico to substantially revise the North American Free Trade Agreement. Asked by a reporter if he could envision maintaining free trade with Canada if NAFTA talks […] Read more
Trudeau to tell Trump: We’re not your problem at NAFTA
Ottawa | Reuters — When Canadian Prime Minister Justin Trudeau meets President Donald Trump on Wednesday, he will try to persuade the U.S. leader to focus on Mexico as a source of potential problems at talks to update NAFTA. Although Trudeau officials were confident Trump would mostly target Mexico as the three nations started to […] Read more
Top U.S. NAFTA negotiator sees no problem with pace of talks
Ottawa | Reuters — The top U.S. negotiator at talks to modernize the NAFTA trade pact on Monday dismissed questions about why his team had so far failed to produce specific proposals on key issues, saying “I don’t see a problem.” Officials from the U.S., Mexico and Canada are in Ottawa for the third of […] Read more
Mexico, Canada dismiss Trump threats to scrap NAFTA
Mexico City/Ottawa | Reuters — Mexico and Canada on Wednesday dismissed U.S. President Donald Trump’s threat to scrap NAFTA, describing it as a negotiating tactic designed to gain an advantage during talks to update one of the world’s biggest trading blocs. In comments that initially pushed Mexico’s peso currency down by more than one per […] Read more
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