Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hogs on Wednesday slid from a one-year top earlier in the session, rattled by fund selling and Canadian government concerns over NAFTA talks with the U.S., said traders. Canada is increasingly convinced that President Donald Trump will soon announce the U.S. intends to pull out of the […] Read more
U.S. livestock: NAFTA worries drag CME hogs from one-year high
Better trade deals coming for U.S. farmers, Trump says
Reading Time: 4 minutes In a 40-minute speech to the United States’ biggest farm organization, U.S. President Donald Trump spoke about free trade for 49 seconds. In 120 words Trump told the American Farm Bureau Federation’s annual meeting Monday in Nashville he was working to get U.S. farmers better trade deals. “To level the playing field for our great […] Read more
NAFTA Washington talks said to leave major differences untouched
Reading Time: 2 minutes Washington | Reuters — Talks this week to update the North American Free Trade Agreement made some progress on less-controversial chapters and technical language, but did little to resolve deep differences on autos, dispute settlement and a five-year sunset clause, some participants said on Friday. The “intersessional” round in Washington, which did not include trade […] Read more
Trudeau says will keep exploring trade deal with China
Reading Time: 2 minutes Beijing | Reuters — Canada will continue to explore a free trade agreement with China, Prime Minister Justin Trudeau said on Monday, as it weighs its options after the U.S. threatened to pull out of the North American Free Trade Agreement (NAFTA). Speaking after a meeting with Chinese Premier Li Keqiang, Trudeau said if “done […] Read more
China to accept Canadian chilled beef, pork in pilot project
Reading Time: 2 minutes Exporters of Canadian beef and pork are set to get expanded access to the “massive” Chinese market through a new bilateral pilot project. Prime Minister Justin Trudeau and Chinese Premier Li Keqiang on Monday announced a series of joint initiatives and agreements in several fields including “a pilot project for the export of Canadian chilled […] Read more
Trade talks a dicey situation, Coyne says
Reading Time: 2 minutes Winnipeg | CNS Canada — With Canada in the midst of negotiations for two different trade agreements, the North American Free Trade Agreement and Trans-Pacific Partnership, trade concerns are getting muddled, according to Andrew Coyne. “We need to be conscious of diversifying our trade interests beyond just North America. It would be extremely foolish that […] Read more
TPP talks without U.S. near final stretch
Reading Time: 3 minutes Urayasu, Japan | Reuters — The 11 remaining nations in the Trans-Pacific Partnership (TPP) without the United States edged toward sealing a comprehensive free trade pact after New Zealand agreed to amend laws that are not subject to TPP, to enable its ban on foreign home purchases. The pact aims to eliminate tariffs on industrial […] Read more
NAFTA negotiators trade barbs, agree on extension
Reading Time: 3 minutes Washington | Reuters — Trade negotiators from the U.S. and Canada accused each other of sabotaging attempts to renegotiate the North American Free Trade Agreement on Tuesday, even as they and Mexico agreed to extend talks into 2018. A round of talks in Washington that lasted seven days failed to find the most basic common […] Read more
Tough U.S. NAFTA demands send ball back into lobbyists’ court
Reading Time: 3 minutes Arlington, Va. | Reuters — Lobbying efforts on the North American Free Trade Agreement faced a major test this week after the Trump administration ignored advice from U.S. business groups and pitched proposals to radically reshape NAFTA, leaving its future in doubt. The U.S. demands to force renegotiation of NAFTA every five years and reserve […] Read more
U.S. stance on autos sows more doubt about NAFTA overhaul
Reading Time: 3 minutes Arlington, Va. | Reuters — The Trump administration on Friday demanded that U.S.-made content account for half the value of the cars and trucks sold under the North American Free Trade Agreement, raising further doubts about any potential deal to renew the pact. Three sources briefed on the protectionist U.S. proposal, which is in line […] Read more
A message from April Stewart, Country Guide's Associate Editor
