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
Canada in on TPP pact, to be signed in March
Tokyo | Reuters — Eleven countries aiming to forge a Asia-Pacific trade pact after the U.S. pulled out of an earlier version will sign an agreement in Chile in March, Japan’s economy minister said on Tuesday. Trade officials had been meeting in Tokyo to resolve rifts including Canada’s insistence on protections for its cultural industries […] 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
Rush on to reverse U.S. tax boon for ag co-ops
Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of the tax bill that passed […] 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
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
U.S. livestock: NAFTA worries drag CME hogs from one-year high
Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid from a one-year top earlier in the session, rattled by fund selling and Canadian government concerns over NAFTA talks with the U.S., said traders. Canada is increasingly convinced that President Donald Trump will soon announce the U.S. intends to pull out of the […] Read more
Better trade deals coming for U.S. farmers, Trump says
In a 40-minute speech to the United States’ biggest farm organization, U.S. President Donald Trump spoke about free trade for 49 seconds. In 120 words Trump told the American Farm Bureau Federation’s annual meeting Monday in Nashville he was working to get U.S. farmers better trade deals. “To level the playing field for our great […] Read more
Cyber-Savvy Farmer
