North America Free Trade Agreement | US-Mexico-Canada Agreement
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.
Canada is said to prepare to rejoin talks as soon as next week. Mexican ministers are in Washington for third week in a row.
Negotiators for Mexico and the United States have reached agreement on about 20 topics during talks to revamp NAFTA, Mexico’s economy minister said, although he conceded that some of the thorniest issues remained unresolved.
The recent election in Mexico is a referendum on the global reaction to the neoliberal assaults accompanying trade deals like NAFTA and TPP. Listen to this webinar with Manuel Perez-Rocha and Héctor de la Cueva
US Trade Representative Robert Lighthizer is said to believe a deal is possible before the end of August.
Mexico and the United States agreed to step up talks on updating the NAFTA trade deal in hopes of reaching an agreement on major issues by August.
Mexican and Canadian officials said that talks on the North American Free Trade Agreement will remain a three-way negotiation, despite suggestions by US President that he might pursue separate trade deals with both countries.
Canadian Foreign affairs minister is asking for a NAFTA review into what she calls “unfair and illegal” 30 per cent American tariffs imposed on Canada’s solar panel manufacturers.
Mexican President-elect Andres Manuel Lopez Obrador sent US President Donald Trump a letter urging a swift end to NAFTA negotiations
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Trade justice alliance webinar on Sunday 15 July
In the current talks to renegotiate NAFTA, the US is demanding a significant increase in access to Canadian agricultural markets and the phasing out of tariffs. Effectively, this would mean the end of supply management.
President Donald Trump intends to delay signing a revised version of the North American Free Trade Agreement until after the fall midterm elections, a move aimed at reaching a better deal with Canada and Mexico.
Millennium Bulk Terminals’ parent company is ramping up lobbying spending related to trade talks with Canada and Mexico as part of a bold effort to get its blocked coal terminal in Longview approved.
NAFTA is a corporate rights agreement, not a free-trade agreement in the original sense.
Canada is hamstrung by a little-known NAFTA clause that packs a huge climate punch and gives the US first access to most of Canada’s oil and natural gas.