North America Free Trade Agreement | US-Mexico-Canada Agreement
Three leaders of US dairy organizations traveled to Mexico City to reaffirm their commitment to maintaining a positive trade relationship with Mexico’s dairy industry and consumers.
Just the fact that the Canadian government had to go through this massive and expensive process for many years just for rejecting two bad patents should show why ISDS provisions are such a problem.
Canada has prevailed over pharmaceutical giant Eli Lilly in a long-running investor-state dispute the drug company filed under NAFTA’s investment chapter.
As part of NAFTA, Mexico was granted special access to the U.S. market but more akin to the “imperial preference” that Great Britain once provided for members of the British Empire.
The U.S. government probably won’t begin “real” negotiations to revamp the North American Free Trade Agreement until later this year (2017).
NAFTA has its fair share of critics who want to see it updated. But if Trump has his way, a re-negotiated agreement may prove disappointing.
Any renegotiation of NAFTA should include streamlined customs procedures and greater regulatory cooperation among other priorities, say the leading chemical industry associations.
TransCanada Corp has suspended a $15 billion NAFTA suit filed against the United States over the Keystone XL pipeline after U.S. President approved the project.
Donald Trump seems to think Mexicans made out like bandits from NAFTA. In reality, workers in all three NAFTA countries have suffered.
What makes ISDS divisive is it exposes governments to potentially expensive private arbitration by foreign corporations who feel that environmental protection measures impede their business.
Any talks to renew the North American Free Trade Agreement would involve all three member nations, a top Canadian official said
NAFTA marked a continuation of policies that began in the 1980s under pressure from Washington and the International Monetary Fund.
President Donald Trump said the United States would be "tweaking" its trade relationship with Canada.
The U.S. beef herd is expanding and the industry wants export market access to grow as well.
Trump wants even stronger, pro-U.S. business free trade deals to the benefit of U.S. multinational corporations and at the expense of the U.S. trading partners.
If governments turn out to be absolutely desperate to sign FTAs with the US they won’t have much choice but to deal with an administration whose motto is “America first”, which may mean learning to love all our genetically modified produce, among other concessions.
Cargill does not want a lot to change in the North American free trade deal
NAFTA led to upheaval in Mexican countryside as cheap grains produced by highly subsidised US farms flooded markets.
NAFTA and other free trade deals including CETA have been badly negotiated by Canada, and have hurt the economy.
U.S.-Mexico relations should be based on fair trade, not xenophobia. Farm and food groups call for prioritizing fair and sustainable rural economies.