Reading Time: 2 minutes Washington | Reuters — Mexican Economy Secretary Ildefonso Guajardo said on Friday that the negotiating teams for the North American Free Trade Agreement (NAFTA) are ready to kick off talks again after they stalled last month. NAFTA talks between the U.S., Mexico and Canada had stalled since June when the U.S. imposed tariffs on Mexican […] Read more
NAFTA teams ready to ‘start solving’ stalled issues, Mexico says
Mexico, Canada insist on three-way NAFTA deal
Reading Time: 2 minutes Mexico City | Reuters — Canadian and Mexican officials insisted that the North American Free Trade Agreement remain a trilateral pact on Wednesday and reiterated their opposition to U.S. calls for a so-called “sunset clause” that could end the deal after five years. After a meeting in Mexico City, Canadian Foreign Minister Chrystia Freeland and […] Read more
Canada feeds Europe’s corn appetite as tariff war shrinks U.S. sales
Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Canadian corn is flowing into Europe at the fastest pace in four years, helped by retaliatory tariffs against the U.S. by the European Union that has shut American corn out of the bloc, traders said. Corn shipments to western European countries rose 85 per cent year over year during the nine […] Read more
Italy in no rush to reject EU-Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — Italy is in no hurry to bring the European Union’s free trade agreement with Canada to a parliamentary vote, its farm minister said on Monday, suggesting its opposition to the deal may be easing. Ministers of the eurosceptic 5-Star/League government have said Italy would not ratify CETA (the Comprehensive Economic and […] Read more
Italy says it won’t ratify EU-Canada trade deal
Reading Time: 3 minutes Rome | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, Deputy Prime Minister Luigi Di Maio said on Friday, although Canadian officials played down the threat to the accord, which mostly took effect last year. “Soon CETA (the Comprehensive Economic and Trade Agreement) will arrive in parliament and this […] Read more
Trump says ‘getting there’ in NAFTA talks
Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not […] Read more
Italy won’t ratify EU trade deal with Canada, farm minister says
Reading Time: 3 minutes Milan | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, its new agriculture minister said on Thursday, ratcheting up an international trade spat and potentially scuppering the EU’s biggest accord in years. The Comprehensive Economic and Trade Agreement (CETA) is the first major trade deal the European Union has […] Read more
Canada says agreed with U.S. to keep NAFTA alive, no talks set
Reading Time: 2 minutes Reuters — Canada agreed with the U.S. on Thursday that slow-moving talks to update NAFTA should continue, although they did not set a date for the next round, a senior official said in remarks casting further doubt on the chances of a deal this year. Negotiations to modernize the North American Free Trade Agreement started […] Read more
Canada’s dairy farmers cling to protections as Trump demands concessions
Reading Time: 3 minutes Winnipeg/Chicago | Reuters — Canadian dairy farmers want trade negotiators to keep their hands off the protected sector in increasingly contentious talks with the United States, however loudly U.S. President Donald Trump demands greater access, an executive with Canada’s biggest dairy lobby group said Monday. The sector, worth $21 billion in farm and processed dairy […] Read more
Trump’s tweets spew ire on Trudeau, EU, NATO
Reading Time: 4 minutes Singapore | Reuters — U.S. President Donald Trump fired off a volley of tweets on Monday venting anger on NATO allies, the European Union and Canadian Prime Minister Justin Trudeau in the wake of a divisive G7 meeting over the weekend. The escalating clash over trade between Washington and some of its closest global partners […] Read more