Reading Time: 2 minutes Washington | Reuters — Canada and Mexico on Friday said good progress had been made in talks with the U.S. to modernize the North American Free Trade Agreement (NAFTA) and that ministers would meet again on Tuesday as they push to wrap up a deal. Canada’s Foreign Minister Chrystia Freeland and Mexican Economy Minister Ildefonso […] Read more

NAFTA ministers to reconvene Tuesday on signs of progress

NAFTA officials set for Washington meeting to push for progress
Reading Time: 2 minutes Ottawa | Reuters — The top U.S., Canadian and Mexican officials driving NAFTA renegotiations will meet in Washington on Thursday, a Canadian government source said on Tuesday, as pressure for a quick deal mounted. Although the United States is eager to quickly wrap up negotiations to update the US$1.2 trillion North American Free Trade Agreement, […] Read more

U.S. to take another look at Pacific trade pact
Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more

No breakthrough at NAFTA talks, U.S. timeline could be in doubt
Reading Time: 3 minutes Washington/Ottawa | Reuters — The U.S., Mexico and Canada still have to resolve major issues around NAFTA, Canadian Foreign Minister Chrystia Freeland said on Friday, casting doubt that the quick deal sought by Washington would materialize. Freeland met with U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo for several hours on Friday […] Read more

Canada reports progress on NAFTA, says ‘we’re not there yet’
Reading Time: 3 minutes Ottawa/Mexico City | Reuters — Mexico, Canada and the U.S. have made good progress in their bid to modernize the NAFTA trade pact but still have work to do, Canadian Foreign Minister Chrystia Freeland said Wednesday. Freeland also said she would be flying to Washington for a meeting on Thursday with U.S. Trade Representative Robert […] Read more

U.S. optimistic about quick NAFTA deal, Canada more downbeat
Reading Time: 2 minutes Ottawa | Reuters — U.S. Trade Representative Robert Lighthizer on Wednesday expressed optimism that talks to modify NAFTA could be wrapped up quickly, but a top Canadian official was more downbeat, saying much work remained. The U.S. wants to speed up the slow pace of negotiations on the US$1.2 trillion North American Free Trade Agreement, […] Read more

Trudeau optimistic on NAFTA as deal on autos seen possible
Reading Time: 2 minutes Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said Wednesday for the first time that a deal to renegotiate NAFTA was likely, amid signs negotiators may be closer to settling one of the regional trade pact’s most contentious issues. “We remain very confident that a win-win-win deal is not only possible, but likely,” Trudeau […] Read more

ICE weekly outlook: Canola futures linked to NAFTA
Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to […] Read more

NAFTA indecision
Washington may be divided on NAFTA, but machinery manufacturers certainly know where they stand
Reading Time: 5 minutes Through mid-winter, the push from machinery executives for the U.S. government to reach a deal on NAFTA seemed to be gearing up. AEM (the Association of Equipment Manufacturers) was sending out that message even louder and clearer than it had been on behalf of its member companies in the ag and construction machinery sector. An […] Read more

U.S. farm group targets Trump with free-trade ads
Reading Time: 2 minutes Washington | Reuters — A farm lobbying group is spending US$500,000 to air television ads on channels near U.S. President Donald Trump’s home in Florida to encourage free trade, with the group worried recent metal tariffs could result in retaliation against U.S. agricultural goods. Farmers for Free Trade, a bipartisan group, on Tuesday said it […] Read more