GFM Network News


CUSMA pact takes effect under cloud of disputes, COVID-19

Washington/Mexico City/Ottawa | Reuters -- A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum[...]

New declaration requirements coming up for grain deliveries

Changes are afoot as early as next week for growers from all across Canada -- and from the United States -- who deliver grain to licensed Canadian buyers, as revised trade rules take effect between the two countries. With the Canada-United States-Mexico Agreement (CUSMA), the successor trade deal to NAFTA, taking effect, new regulations addressing[...]


CUSMA pact to take effect July 1, USTR says

Washington | Reuters -- U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada[...]

Parliament hustles through CUSMA ratification

Ottawa | Reuters -- Canada's Parliament rushed through ratification of the new Canada-U.S.-Mexico (CUSMA) trade pact on Friday before taking a three-week break to help stop the spread of the coronavirus, a top government official said. Canada was the last of the three signatories to formally adopt the pact, prompting congratulations from the United States[...]


NFU sees red flags in CUSMA bill for grain growers

The National Farmers Union is warning of sweeping changes to Canadian grain regulation it sees tucked into federal legislation meant to put through the successor deal to NAFTA. Bill C-4, the implementing legislation for the Canada-U.S.-Mexico Agreement (CUSMA), passed second reading Feb. 6 and came back without amendment Feb. 27 from the Commons standing committee[...]

Trump signs CUSMA pact

Washington | Reuters -- President Donald Trump on Wednesday signed a new North American trade agreement during an outdoor ceremony at the White House attended by about 400 guests -- but not the key Democrats who helped secure congressional passage of the deal. Trump, on trial in the U.S. Senate on charges of abusing power[...]


Trudeau wants CUSMA deal ratified quickly

Winnipeg | Reuters -- Canadian Prime Minister Justin Trudeau on Tuesday urged legislators to quickly approve a new continental trade pact but the main opposition party said it wanted to study the deal, indicating the ratification process could drag on. Canada is the only one of the three signatories not to have formally blessed the[...]

U.S. Senate passes CUSMA trade deal

Washington | Reuters -- The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the[...]


Amended CUSMA pact includes anti-COOL clause

The new Canada-U.S.-Mexico Agreement (CUSMA), a free trade deal set to replace NAFTA, includes language meant to block any future bids at a trade-disrupting country-of-origin labeling (COOL) law. The new clause would, in theory, checkmate a move made last summer by some Democrat members of the U.S. House of Representatives to have a new North[...]

U.S. House passes CUSMA

Washington | Reuters -- The U.S. House of Representatives on Thursday backed a new trade agreement with neighbouring Mexico and Canada in a 385-41 bipartisan vote, sending the NAFTA replacement measure to the Senate for consideration early in 2020. Democrats, who control the House, approved the United States-Mexico-Canada Agreement (CUSMA) more than a year after[...]