GFM Network News

Trump calls off tariffs after Mexico vows to tighten borders

Reading Time: 4 minutes Washington/Mexico City | Reuters — The United States and Mexico struck a deal on Friday to avert a tariff war, with Mexico agreeing to rapidly expand a controversial asylum program and deploy security forces to stem the flow of illegal Central American migrants. U.S. President Donald Trump had threatened to impose five per cent import […] Read more

Pence, Trudeau to discuss Huawei, China trade issues in Ottawa

Reading Time: < 1 minute Washington | Reuters — U.S. Vice-President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their joint dispute with China over Huawei Technologies during a meeting in Ottawa on Thursday, a senior U.S. administration official said. Pence, known for taking a hard line against China, will travel to the Canadian capital to discuss trade […] Read more

Canada, U.S. deal saves NAFTA as trilateral pact

Reading Time: 3 minutes Ottawa/Washington | Reuters — The U.S. and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, US$1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century. In a big victory for his agenda to shake up an era of global […] Read more

Canada, U.S. reach deal to update NAFTA, sources say

Reading Time: 2 minutes Ottawa/Washington | Reuters — The U.S. and Canada reached a deal to update NAFTA and keep it a trilateral pact with Mexico, beating a midnight deadline with agreements to boost U.S. access to Canada’s dairy market and protect Canada from possible U.S. autos tariffs, two Canadian sources with direct knowledge of the talks said on […] Read more

U.S., Mexico reach NAFTA deal, turning up pressure on Canada

Reading Time: 3 minutes Washington | Reuters — The U.S. and Mexico agreed on Monday to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Auto stocks soared and financial markets firmed on the expectation that Canada […] Read more

Trump says U.S.-Canada trade deal possible, excluding Mexico

Reading Time: 3 minutes 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

U.S. drone rules remain in hangar in 2014

Reading Time: 2 minutes New York | Reuters — The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward using drones in everything from farming to package delivery. Businesses have been clamouring for rules to allow commercial drone flights, fearing the U.S. is falling behind other countries in developing […] Read more

Syngenta will sell GM corn not approved by China, Vilsack says

Reading Time: 2 minutes Air Force One | Reuters — Syngenta, the world’s largest crop chemicals company, has commitments to sell its entire supply of a genetically modified (GM) corn variety that is not approved by China, U.S. Agriculture Secretary Tom Vilsack said Friday. Vilsack said whether or not China eventually approves the corn, known as Agrisure Viptera or MIR […] Read more