Tag Archives: nafta talks

Trump to notify Congress in ‘near future’ he will terminate NAF...

12 December, 2018 10:12 am 10:12 am

ABOARD AIR FORCE ONE (Reuters) – US President Donald Trump said he will give formal notice to the US Congress in the near future to terminate the North American Free Trade Agreement (NAFTA), giving six months for lawmakers to approve a new trade deal. “I will be formally terminating NAFTA shortly,” Trump told reporters aboard … Read More

Asia stocks slip as NAFTA lift fades; oil near four-year highs

10 October, 2018 8:16 am 8:16 am

TOKYO (Reuters) – Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1 percent after a steady start. Australian stocks lost 0.8 percent and South … Read More

Canadian dollar up on NAFTA agreement, Nikkei hits 27-year high

10 October, 2018 8:37 am 8:37 am

TOKYO (Reuters) – The Canadian dollar and the Mexican peso rose and Japanese shares hit 27-year highs on Monday after the United States and Canada reached a framework deal to update the North American Free Trade Agreement. A Canadian source confirmed the two countries reached a deal, with Canada agreeing to a side-letter arrangement effectively … Read More

Canada, US make progress in bid to save NAFTA, no deal yet

09 September, 2018 9:15 am 9:15 am

OTTAWA (Reuters) – Canada and the United States narrowed their differences in last-ditch talks to save NAFTA but there is no guarantee an agreement will be forged, two Ottawa sources said, a notion echoed by a top adviser to US President Donald Trump. The two nations are trying to find a way to update the … Read More

‘We’ll know in 48 hours’: Mexico sees new hope of trilate...

09 September, 2018 8:40 am 8:40 am

WASHINGTON (Reuters) – Mexico said the US Trump administration and Canada were making serious efforts to resolve trade policy differences after days of bickering, raising hopes of saving the North American Free Trade Agreement as a trilateral pact. While details were scant, the apparent progress was enough to prompt Mexico and Washington to abruptly halt … Read More

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Trump says Canada not needed in NAFTA deal, warns Congress not to interfere

09 September, 2018 8:29 am 8:29 am

WASHINGTON (Reuters) – US President Donald Trump said there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether. “There is no political necessity to keep Canada in the new NAFTA deal. If … Read More

US, Mexico reach NAFTA deal, turn up pressure on Canada

08 August, 2018 8:28 am 8:28 am

WASHINGTON (Reuters) – The United States and Mexico agreed  to overhaul the North American Free Trade Agreement (NAFTA), putting pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact. Auto stocks soared and the S&P 500 and the Nasdaq rallied to record highs … Read More

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Trump says Mexico trade deal near; NAFTA hurdles seen easing

08 August, 2018 9:06 am 9:06 am

WASHINGTON (Reuters) – President Donald Trump said that the United States could reach a “big Trade Agreement” with Mexico soon as the incoming Mexican trade negotiator signaled possible solutions to NAFTA energy rules and a contentious US “sunset clause” demand. Trump tweeted that the United States’ “relationship with Mexico is getting closer by the hour. … Read More

Canada ‘very keen’ on wrapping up year-old NAFTA talks

08 August, 2018 8:27 am 8:27 am

OTTAWA (Reuters) – Canada is “very keen” on concluding negotiations to renew the North American Free Trade Agreement as soon as possible, Foreign Minister Chrystia Freeland said , amid signs of progress after months of delays. Talks to modernize the 1994 trade pact started in August 2017 but have dragged on much longer than expected … Read More