Washington | Reuters — Top-level talks to update the North American Free Trade Agreement made little headway on Wednesday as the U.S. and Mexico sought to settle differences over the key issue of automobiles, three well-placed sources said. With time fast running out to reach a deal, the two NAFTA members are discussing a U.S. […] Read more
NAFTA talks drag on as U.S., Mexico spar over autos
Trade rows spell gain, and pain, for U.S. grain exporters
Chicago | Reuters — Global grain marketers have seized upon trade tensions between the United States and several of its top export markets, including China, to turn around struggling trading units following one of the toughest years ever for the industry. After five years of bumper harvests worldwide that depressed crop prices, trading margins are […] Read more
U.S. to take another look at Pacific trade pact
Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more
U.S. optimistic about quick NAFTA deal, Canada more downbeat
Ottawa | Reuters — U.S. Trade Representative Robert Lighthizer on Wednesday expressed optimism that talks to modify NAFTA could be wrapped up quickly, but a top Canadian official was more downbeat, saying much work remained. The U.S. wants to speed up the slow pace of negotiations on the US$1.2 trillion North American Free Trade Agreement, […] Read more
Amid fresh Trump tension, negotiators seek NAFTA progress
Mexico City | Reuters — U.S., Mexican and Canadian negotiators met on Monday seeking to narrow disagreements on how to overhaul the NAFTA trade deal despite renewed signs of tension between Mexico and U.S. President Donald Trump over his planned border wall. The trade teams began a seventh round of talks on Sunday aiming to […] Read more
Trudeau says doesn’t think Trump will pull U.S. out of NAFTA
Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau on Wednesday said he did not think U.S. President Donald Trump would pull out of NAFTA, despite slow progress at negotiations to update the US$1.2 trillion trade pact. Trudeau’s comments were among the most positive made by any Canadian official since talks started last year to […] Read more
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
NAFTA negotiations grind on
Montreal | Reuters — U.S. negotiators are holding firm in their demands for a wide-ranging overhaul of NAFTA, sources close to the talks said on Thursday, raising questions about whether any real movement is happening at the latest round of negotiations on the treaty. Officials from Canada, Mexico and the U.S. are in Montreal for […] Read more
Canada welcomes Trump suggestion of NAFTA deadline extension
London, Ont. | Reuters — Canada welcomes the suggestion by U.S. President Donald Trump that the deadline for concluding talks to modernize NAFTA could be extended beyond the end of March, Foreign Minister Chrystia Freeland told reporters on Friday. Trump told the Wall Street Journal on Thursday that “a lot of things are hard to […] 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
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