GFM Network News

Mexico, Canada plow ahead on trade pact ratification despite Trump threats

Reading Time: 2 minutes Mexico City/Ottawa | Reuters — Mexico and Canada said on Friday they would proceed with plans to ratify a new continental trade pact despite a new threat from U.S. President Donald Trump that critics say could undermine chances of the treaty coming into force. Trump, whose administration has made passing the United States-Mexico-Canada (USMCA) free […] Read more

Canada moves to ratify USMCA ahead of Pence visit

Reading Time: < 1 minute Ottawa | Reuters — The Canadian government formally presented draft legislation to ratify the new North American Trade deal to parliament on Wednesday, less than 24 hours ahead of a visit by U.S. Vice-President Mike Pence. Prime Minister Justin Trudeau presented the bill to the House of Commons, confirming a Reuters story from Tuesday that […] Read more

Canada takes first step on ratifying USMCA trade deal

Reading Time: 2 minutes Ottawa | Reuters — Canada took a first step toward ratifying the new North American trade agreement on Monday just three days ahead of U.S. Vice-President Mike Pence’s trip to Ottawa to discuss the passage of the treaty. Foreign Minister Chrystia Freeland presented what’s known as a ways and means motion to the House of […] Read more

Dairy issue nags as U.S., Canada prepare to sign trade pact

Reading Time: 2 minutes New York/Ottawa | Reuters — Dairy remains a sticking point between the United States and Canada as the countries prepare to sign a new North American trade pact this week, according to four sources familiar with the matter. U.S. objections to Canada’s protected internal market for dairy products was a major challenge facing negotiators during […] Read more

Canada to work with China on trade deal despite USMCA clause, Trudeau says

Reading Time: 2 minutes Singapore | Reuters — Canada and China will continue to work together toward an “eventual” free trade deal, Canadian Prime Minister Justin Trudeau said on Thursday. This is despite the country being a signatory to the North American Free Trade Agreement (NAFTA), which specifies that if one of its partners enters a free trade deal […] Read more

U.S. milk producers ask government for more aid, citing $1 bln tariff impact

Reading Time: 2 minutes Washington | Reuters – U.S. milk producers asked the government to increase aid payments to the industry to offset losses from foreign tariffs, saying dairy farmers have lost more than $1 billion in income since May. The administration of President Donald Trump in late May announced tariffs of 25 percent on steel imports and 10 […] Read more

Dairy farmers unhappy after meeting Trudeau on USMCA

Reading Time: 2 minutes Ottawa | Reuters — Canadian dairy farmers met Prime Minister Justin Trudeau on Thursday to discuss his politically-risky move to open up the protected domestic market to U.S. industry but complained he had not given them details about compensation. As part of the talks to complete the new United States-Mexico-Canada Agreement (USMCA) trade deal, Canada […] Read more