GFM Network News


(Canada Border Services Agency video screengrab)

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. President Donald Trump speaks April 18 at Snap-on Tools’ headquarters in Kenosha, Wisconsin. (Video screengrab from Whitehouse.gov)

White House readies order to quit NAFTA

Washington | Reuters — The White House is considering a draft executive order to withdraw the U.S. from the North American Free Trade Agreement, a senior Trump administration official said on Wednesday. It was unclear whether the order would be enacted by President Donald Trump, who has vowed to pull out from the U.S./Mexico/Canada trade […] Read more


U.S. corn producers saw the now-scuttled Trans-Pacific Partnership deal as an opportunity to expand exports. (Don Wilson photo, PortSeattle.org)

U.S. ag sector seeks opportunities in face of challenges

CNS Canada — With shrinking farm income and a rising debt-to-asset ratio, the U.S. agriculture industry’s leaders are eyeing opportunities that could help it return to a point of profitability. U.S. net farm income is forecast to decline in 2017, with projections from the U.S. Department of Agriculture showing an 8.7 per cent drop, bringing […] Read more

(Dave Bedard photo)

PotashCorp, Agrium merger would send farmers to regulators

Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest network of farm retail dealers, […] Read more