Reading Time: 2 minutes Des Moines | Reuters — More than 14 per cent of US$140 billion in annual U.S. farm exports have been or are likely to be hit by retaliatory tariffs in trade disputes with countries such as China and Mexico, a top U.S. trade negotiator said on Thursday. Mexico imposed tariffs on U,S, products ranging from […] Read more
Over 14 per cent of U.S. farm exports seen at risk in trade disputes
Mexico hits back on U.S. steel, slaps tariffs on pork, bourbon
Reading Time: 2 minutes Mexico City | Reuters — Mexico responded in kind to U.S. President Donald Trump’s metals tariffs by imposing its own duties on U.S. steel on Tuesday, while also targeting politically sensitive agricultural products from pork to bourbon. Mexico’s peso tumbled to its weakest level since February 2017, leading losses among major currencies due to the […] Read more
Freeland to visit Washington this week for NAFTA talks
Reading Time: < 1 minute Ottawa | Reuters — Canada’s Foreign Affairs Minister Chrystia Freeland will visit Washington this week in another bid to help unblock talks on the North American Free Trade Agreement, a spokesman said on Monday. Freeland will be in Washington on Tuesday and Wednesday, said spokesman Adam Austen. The U.S., Mexico and Canada are struggling to […] Read more
Canada says NAFTA officials in constant contact on trade talks
Reading Time: 2 minutes Ottawa | Reuters — Top U.S., Canadian and Mexican officials are in constant contact about slow-moving talks to revitalize NAFTA and are ready to meet at any time to push the process forwards, Canada’s foreign minister said on Tuesday. Negotiations to update the North American Free Trade Agreement have stalled as Canada and Mexico try […] Read more
NAFTA nations ‘nowhere near’ a deal, USTR says
Reading Time: 3 minutes Washington/New York | Reuters — The top U.S. trade official on Thursday poured cold water on the prospect of an imminent breakthrough in talks to rework the North American Free Trade Agreement (NAFTA) hours after Canada’s prime minister struck a positive note. “The NAFTA countries are nowhere near close to a deal,” U.S. Trade Representative […] Read more
NAFTA ‘hot topics’ said unresolved as deal deadline looms
Reading Time: 2 minutes Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said on Monday that none of the contentious issues in a new NAFTA trade deal appear to have been resolved, diminishing chances of meeting a Thursday deadline to notify U.S. lawmakers of an agreement. If the notification is not sent by Thursday, U.S. House Speaker Paul […] Read more
Negotiators fail to reach NAFTA deal
Reading Time: 2 minutes Washington | Reuters — Senior U.S., Canadian and Mexican officials on Friday ended a week of talks without a deal to modernize NAFTA, agreeing instead to resume negotiations soon, ahead of a deadline next week issued by U.S. House of Representatives Speaker Paul Ryan. The failure to secure a quick deal underscores uncertainty over the […] Read more
Ryan sets May 17 deadline for NAFTA deal
Reading Time: 3 minutes Washington | Reuters — U.S. House Speaker Paul Ryan has set a May 17 deadline to be notified of a new NAFTA trade deal to give the current Congress a chance of passing it, while Mexico’s top trade official on Thursday said time was running short to meet such a deadline. Ryan, who controls legislation […] Read more
NAFTA talks drag on as U.S., Mexico spar over autos
Reading Time: 2 minutes Washington | Reuters — Top-level talks to update the North American Free Trade Agreement made little headway on Wednesday as the U.S. and Mexico sought to settle differences over the key issue of automobiles, three well-placed sources said. With time fast running out to reach a deal, the two NAFTA members are discussing a U.S. […] Read more
‘Progress’ seen by ministers at NAFTA talks, but breakthrough elusive
Reading Time: 3 minutes Washington | Reuters — Canadian, Mexican and U.S. officials hailed progress on revamping the North American Free Trade Agreement (NAFTA) on Tuesday as efforts focused on crafting new rules for the auto sector, but there was no sign of a major breakthrough. Canadian Foreign Minister Chrystia Freeland, U.S. Trade Representative Robert Lighthizer and Mexican Economy […] Read more
A message from April Stewart, Country Guide's Associate Editor
