Reading Time: 2 minutes Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Wednesday that substantial negotiations to revamp the North American Free Trade Agreement likely will not get started until the latter part of this year and could take a year to complete. Ross, speaking to Bloomberg Television, said U.S. legal notification requirements with partners Mexico and […] Read more
U.S. Commerce chief sees no major NAFTA talks until later this year
Ag groups tout potential of trade pact with China
Reading Time: 3 minutes Canadian ag commodity groups expect to make a case for freer trade with China during consultations now underway alongside Ottawa’s talks on a possible free trade deal with Beijing. Federal Trade Minister Francois-Philippe Champagne on Friday announced public consultations, running until June 2, following last September’s announcement of “exploratory discussions” on a free trade agreement […] Read more
Mexico will only stay in NAFTA if it suits it, minister says
Reading Time: 2 minutes Mexico City | Reuters — A defiant Mexico said on Tuesday it would only stay in NAFTA if it suited it and rejected the imposition of any tariffs or quotas when renegotiating the trade deal U.S President Donald Trump wants to recast to benefit the United States. Trump has vowed to exit the North American […] Read more
Canada stresses NAFTA talks to involve all members
Reading Time: 2 minutes Toronto | Reuters –– Any talks to renew the North American Free Trade Agreement would involve all three member nations, a top Canadian official said on Tuesday, dampening speculation the U.S. might seek to sit down with Canada first and then Mexico. “We very much recognize that NAFTA is a three-nation agreement and were there […] Read more
French MNAs take EU-Canada trade deal to court
Reading Time: < 1 minute Paris | Reuters — More than 100 French left-wing lawmakers decided Tuesday to appeal to the country’s Constitutional Council to block a contentious free trade deal between the European Union and Canada. Supporters of the Comprehensive Economic and Trade Agreement (CETA) say it will boost economic growth and jobs on both sides of the Atlantic. […] Read more
EU, Canada secure clearance to kick-start free trade deal
Reading Time: 2 minutes Strasbourg | Reuters — The European Union and Canada secured clearance on Wednesday for their contentious free trade deal and the removal of import duties that supporters say will boost growth and jobs on both sides of the Atlantic. The two parties can claim a success for their open markets policy after months of protest […] Read more
Despite Trump talk of ‘tweaking’ NAFTA, Canada could still be hurt
Reading Time: 2 minutes Ottawa | Reuters — Although U.S. President Donald Trump says he only wants to tweak trade ties with Canada, his pledge to renegotiate NAFTA to focus on Mexico is almost impossible and Canada will not emerge unscathed, Canadian officials and trade experts said Tuesday. Trump had warm words for Canadian trade following a meeting with […] Read more
Key European body backs EU-Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — A planned EU-Canada free-trade deal moved closer to reality on Tuesday after a key committee advised the European Parliament to give its backing after months of protests and heated debate. The EU-Canada Comprehensive Economic and Trade Agreement (CETA) is seen as a test of Europe’s ability to forge future trade accords […] Read more
EU-Canada trade deal clears further hurdles in Europe
Reading Time: 2 minutes Brussels | Reuters — A planned EU-Canada free trade deal received backing from a committee of the European Parliament and Germany’s top court on Thursday, increasing its chances of entering force later this year. The European Union and Canada signed the Comprehensive Economic and Trade Agreement (CETA) in October, but only after opposition from a […] Read more
CETA clears legal test hurdle in EU parliament
Reading Time: 2 minutes Strasbourg | Reuters –– The planned EU-Canada free trade deal cleared a hurdle to its implementation next year when the European Parliament rejected a motion on Wednesday to ask the top European Union court to rule on its legality. The vote by lawmakers in the parliament is an indication they will also ultimately back the […] Read more
A message from April Stewart, Country Guide's Associate Editor
