Tag: NAFTA
17 Results
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China’s growth dirties partners’ air quality
There are many reasons behind these troubling trends, but one looms especially large: China’s booming economy
September 3, 2018 -
Trump says NAFTA must wait for US congressional polls
US President Donald Trump has said he would prefer to wait until after the November mid-term congressional elections before signing an updated NAFTA.
July 2, 2018 -
Trump, Trudeau discuss Russian diplomats’ expulsion, Nafta
Canadian Prime Minister Justin Trudeau and US President Donald Trump have discussed the current expulsion of Russian diplomats and the North American Free Trade Agreement (Nafta) during a phone call, the Canadian Prime Minister’s Office said on Tuesday. In their conversation on Monday, the two leaders discussed measures taken by Canada and the US to …
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March 27, 2018 -
Trump announces steel tariffs amid mounting global dissent
The US President Donald Trump on Thursday formally signed proclamations to impose steep tariffs on imported steel and aluminium amid mounting dissent from business groups and trading partners around the world. The US will impose a 25 per cent tariff on imported steel and 10 per cent on aluminum, Xinhua quoted Trump as saying. He …
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March 9, 2018 -
Trump administration open to tariff exemptions: Ross
US Commerce Secretary Wilbur Ross opened the door on Wednesday to possible exemptions for other countries on the steel and aluminum tariffs announced by President Donald Trump, who had previously said Mexico and Canada could be exempt if a “new” North American Free Trade Agreement (Nafta) was signed. “The President indicated the other day that …
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March 8, 2018 -
Trump slaps tariffs on imported washing machines, solar panels
US President Donald Trump has imposed steep tariffs on imported washing machines and solar panels, the first major step by his administration to protect manufacturers in the country. The announcement on Monday came after a year of tough rhetoric — but little action — on curbing imports of cheap products from countries like China and South Korea. …
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January 23, 2018 -
NAFTA uncertainty to slow Mexican economy in 2018: IMF
The uncertainty over the North American Free Trade Agreement (NAFTA) will slow Mexico’s economic growth rate to 1.9 per cent in 2018, the International Monetary Fund (IMF) said in a report. The growth rate will see a slight slowdown next year before an eventual resolution of the trade agreement allows the economy to pick up …
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November 14, 2017 -
Contentious world trade
Even after 16 years of hard negotiations at the World Trade Organisation ( WTO) on reforming agriculture and other tariff-barriers set in 2001 under the Doha Development Agenda (DDA), developing countries appeared to be fighting a losing battle at the 11th ministerial. WTO negotiators met on September 13-15 to formalise the agenda for the trade …
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October 15, 2017 -
Trudeau defends NAFTA, calls for labour improvements
Canada Prime Minister Justin Trudeau has defended the North American Free Trade Agreement (NAFTA) and called for changes to the deal that ensure workers across the region enjoy better labour standards and compensation. “Our challenge lies in ensuring that everyone benefits from economic growth. And we do that by pursuing an ambitious vision of what …
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October 14, 2017 -
Mexico, Canada, US hold third round of NAFTA talks
Representatives from Mexico, Canada and the US began the third round of the North American Free Trade Agreement (NAFTA) talks here. Canadian chief negotiator Steve Verhuel on Saturday said he did not expect this round to see any new US proposal to increase American content requirements for autos, reports Xinhua news agency. Rules of origin …
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September 24, 2017 -
Will defend dignity in ties with US: Mexico President Pena Nieto
Mexico will not accept any condition that are damaging to its dignity, Mexican President Enrique Pena Nieto said in an oblique reference to the US. During his fifth state of the nation address, the first since Donald Trump was inaugurated as the US president, Pena Nieto spoke of his country’s newly tense ties with Washington, …
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September 3, 2017 -
First round of NAFTA talks concludes
Negotiators from the US, Canada and Mexico have concluded the first round of the North American Free Trade Association (NAFTA) talks here to redo the three-nation trade pact, the media reported. Representatives from the three countries said on Sunday that negotiations will continue at a “rapid pace”, adding that “a great deal of effort and …
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August 21, 2017 -
NAFTA won’t solve Mexico’s slow growth: Moody’s
Mexico's economy has structural flaws that will not be resolved with the upcoming renegotiation of the North American Free Trade Agreement (NAFTA), credit rating agency Moody's has announced. Mexico has for years relied on its poorly-paid work force to compete with other economies, and that is part of what is holding the country back, the …
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August 10, 2017 -
First round of NAFTA talks in August: USTR
The first round of new talks on the North American Free Trade Agreement (NAFTA) will take place in Washington, D.C. from August 16-20, US Trade Representative (USTR) Robert Lighthizer announced on 19 July. John Melle, assistant USTR for the Western Hemisphere, will serve as chief negotiator for the US to revamp the trilateral trade agreement with Canada …
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July 20, 2017 -
Donald Trump administration unveils NAFTA renegotiating goals
US President Donald Trump's administration has unveiled its goals for renegotiating the North American Free Trade Agreement (NAFTA), issuing a plan for how it hopes to rewrite trade terms and transform the American economy, the media reported. The administration sent a document on Monday to the Congress that contained a broad list of objectives, including …
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July 18, 2017 -
Mexico ready to revise NAFTA, within limits
Mexican Foreign Secretary Luis Videgaray said here that while his county is open to updating the free trade agreement, it will not accept changes that may reduce economic integration among the US, Canada and Mexico. "We don't want it to stop being a free-trade treaty," Videgaray said during a town-hall interview with The Miami Herald …
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May 31, 2017 -
Trump agrees not to terminate Nafta for now
US President Donald Trump has told the leaders of Canada and Mexico that he was not immediately planning to end the North American Free Trade Agreement (Nafta), but warned that the US would still pull out if he could not negotiate a better deal, the White House said. Trump, in phone calls with Canadian Prime …
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April 27, 2017