China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries.
Leaders of Mexico’s farm movement strongly condemned the new NAFTA, calling on the new president they supported in recent elections to get involved and slow the race to the new agreement.
Canada and the U.S. have announced a tentative new trilateral trade deal with Mexico that includes some key concessions on issues of import to both countries — and also a reworked name: the United States-Mexico-Canada Agreement (USMCA).
The Mexican president-elect agreed to the US president’s request for a bilateral agreement while Canadian officials believe Mexico gave up too much in the deal.
Mexico is prepared to advance a bilateral trade agreement with the United States that Canada could join within the next few weeks, a top Mexican NAFTA negotiator said.
Mexico is prepared to move ahead with an updated version of the North American Free Trade Agreement that does not include Canada if Ottawa and Washington cannot resolve their differences.
Mexico has implemented a temporary exception to the rules of origin for textiles and apparel in its free trade agreement with Colombia.
Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on the reworked trade agreement.
US-Canada trade talks ended with no deal to revamp NAFTA, and President Donald Trump notified Congress of his intent to sign a bilateral trade pact with Mexico.
Canadians feel stabbed in the back by Mexico after it agreed a separate trade deal with Trump.
When NAFTA was signed, it included labor protections for workers in all three countries. But labor complaints filed through the NAFTA labor dispute process have led nowhere.
Not only the negotiations have not been finalized, and without Canada, but the texts remain hidden from the public.
The new trade deal reached between the US and Mexico contains a myriad of rules and tariffs, and among them include tougher rules on copyright and intellectual property.
Mexican billionaire Antonio del Valle has launched actions against the Spanish government for its role in the process of putting Banco Popular into resolution and subsequent sale for €1 to Santander.
The 10-year span is more than what had existed before but the biopharma industry has long argued for the same 12-year exclusivity that exists for biologics within the US market.
The US and Mexico have reached common ground on key trade terms as pressure mounts to complete renegotiation of the North American Free Trade Agreement.
Rules of origin for autos is really a “bilateral” issue between Mexico and the United States because Canada was relatively comfortable with the original US proposal.
Some in Lopez Obrador’s team are said to want energy excluded. Negotiators concerned backtracking on oil could derail talks.
The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports.
Mexico’s economy minister said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is beset by disagreements over automobile trade rules and other issues.