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 says agreed with U.S. to keep NAFTA alive, no talks set
Trudeau safe for now as Trump attacks, but angry farmers loom
Reading Time: 3 minutes Ottawa | Reuters — Canadian Prime Minister Justin Trudeau, facing the threat of a trade war from U.S. President Donald Trump, has unanimous domestic support for now but to keep a firm hold on power must wring concessions from an unwilling powerful dairy lobby in order to mollify Washington. Trudeau, who over the last year […] 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
Over 14 per cent of U.S. farm exports seen at risk in trade disputes
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
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
Canada to impose tariffs on U.S., challenge at WTO
Reading Time: 2 minutes Reuters — Canada will impose retaliatory tariffs on $16.6 billion worth of U.S. exports and challenge U.S. steel and aluminum tariffs under the North American Free Trade Agreement and the World Trade Organization (WTO), Canadian Foreign Minister Chrystia Freeland said on Thursday. The Canadian tariffs are set to go into effect on July 1 and […] 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
U.S. livestock: Live cattle drop on weak cash prices, big supplies
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures slumped for the fourth time in five sessions on Friday as falling cash cattle prices and ample supplies of slaughter-ready animals weighed on the market, traders said. The possibility that meat exports could slow due to trade tensions with China and uncertainty about a deal […] 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
A message from April Stewart, Country Guide's Associate Editor
