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
Canada talks tough on trade as NAFTA talks’ endgame nears
Mexico will leave NAFTA talks if Trump triggers process to withdraw
Mexico City | Reuters — Mexico will leave the NAFTA negotiating table if U.S. President Donald Trump decides to trigger a six-month process to withdraw from the trade pact, three Mexican sources with knowledge of the talks told Reuters on Wednesday. Reuters reported earlier in the day that Canada was increasingly convinced that Trump would […] Read more
Mexico court rejects appeal to lift GM corn ban
Mexico City | Reuters –– A Mexican court has rejected a company’s appeal to lift a ban on commercial planting of transgenic corn in Mexico, passing the matter to the Supreme Court, a lawyer for the firm said Friday. A federal court in Mexico City rejected the suit by PHI Mexico, a unit of U.S. […] Read more
Canada, Mexico to rebuff U.S. over NAFTA goals
Mexico City | Reuters — Canada and Mexico will rebuff the United States over its demand for tougher NAFTA automotive content rules, top officials said on Monday as negotiations to renew the treaty bogged down with only a few months to go. U.S. President Donald Trump is threatening to quit NAFTA, which has reshaped the […] Read more
Don’t write NAFTA’s obituary just yet
‘Absurd’ demands have heightened fears that President Trump aims to kill the trade pact, but experts say that’s premature
Reading Time: 4 minutes Stay calm and keep negotiating’ seems to be the mantra of Canadian farm groups even as a growing number of experts warn NAFTA may be doomed. U.S. negotiators dropped a series of bombshells in the fourth round of talks on renegotiating the North American Free Trade Agreement — demands that Canada and Mexico had said […] 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
U.S. hikes NAFTA tension with call for ‘sunset clause’
Arlington, Va. | Reuters — Washington has dramatically increased tensions in talks to renew the North American Free Trade Agreement by proposing that the lifespan of any new deal be limited to five years, people familiar with the negotiations said on Thursday. The proposal for a so-called sunset clause — just one of a series […] 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
Mexico considers pork in response to NAFTA produce proposal
Mexico City | Reuters — Mexican negotiators are working on a response to informal U.S. proposals to include protections for fresh produce in the re-negotiation of the North American Free Trade Agreement (NAFTA), two people briefed on the proposals said. U.S., Canadian and Mexican delegations finished a second round of talks last week to renegotiate […] Read more