Tag: NAFTA

  • US, Canada fail to reach deal on rewriting Nafta

    US, Canada fail to reach deal on rewriting Nafta

    Washington : The fate of the North American Free Trade Agreement (Nafta) became uncertain when the US and Canada failed to come to a consensus on rewriting the three-nation trade pact. “We know a win-win-win agreement is within reach and that’s what we’re working towards,” said Canadian Minister of Foreign Affairs Chrystia Freeland at a…

  • Canada ‘not fazed’ at being left out of NAFTA talks

    Canada ‘not fazed’ at being left out of NAFTA talks

    By Barry Ellsworth, Trenton, Canada: Canada on Tuesday put a positive spin at being left out of North American Free Trade Agreement (NAFTA) talks, saying it is a good sign that the U.S. and Mexico are trying to work out differences between themselves. The U.S. excluded Canada at NAFTA renegotiation meetings later this week with…

  • NAFTA renegotiations to resume in Washington

    NAFTA renegotiations to resume in Washington

    Mexico City : Talks to renegotiate the North American Free Trade Agreement (NAFTA) will restart on July 26 in Washington, Mexico Economy Minister Ildefonso Guajardo has said. “The three countries are resuming negotiations,” Guajardo told the media on Wednesday, Xinhua news agency reported. Negotiators from Mexico, the US and Canada will be present at the…

  • Trudeau, Trump discuss accelerating NAFTA talks at G7

    Trudeau, Trump discuss accelerating NAFTA talks at G7

    Quebec (Canada) : Canadian Prime Minister Justin Trudeau and US President Donald Trump discussed accelerating the North American Free Trade Association (NAFTA) talks during a bilateral meeting at the ongoing G7 summit here. “The Prime Minister and the President had a very positive, productive meeting and it lasted longer than originally scheduled,” CBC News quoted…

  • Trump favors separate trade deals with Canada, Mexico

    Trump favors separate trade deals with Canada, Mexico

    By Barry Ellsworth, Trenton, Canada: The U.S. floated the idea Tuesday of separate trade talks with Mexico and Canada rather than a new North American Free Trade Agreement (NAFTA) with the three countries as signatories. But Canada’s reaction was to immediately dismiss the suggestion. “As Canada has maintained right from the beginning, we believe in…

  • NAFTA deal unlikely by May 17: Mexico

    NAFTA deal unlikely by May 17: Mexico

    Mexico City : Negotiations to modernise the North American Free Trade Agreement (NAFTA) are unlikely to reach an accord in principle by May 17, Mexican Economy Minister Ildefonso Guajardo said on Tuesday. The three NAFTA partners, Mexico, Canada and the US, continue to disagree on several issues, he said. “The possibility that by Thursday we…

  • Major issues still outstanding in NAFTA talks: Mexico

    Major issues still outstanding in NAFTA talks: Mexico

    Mexico City : Mexico’s economy secretary has said here that much remains to be done before negotiations with the US and Canada on updating the 1994 North American Free Trade Agreement can be deemed a success. Among the “very important” matters that remain to be settled are dispute-resolution mechanisms, rules of origin in the automotive…

  • Mexico, Canada, US plan new round of NAFTA talks for April

    Mexico, Canada, US plan new round of NAFTA talks for April

    Mexico City : Mexico, Canada and the US will hold their eighth round of negotiations to revise the North American Free Trade Agreement in early April, and to accelerate the process they will conduct a series of working meetings – involving cabinet officers – before the talks, Mexican Economy Minister Ildefonso Guajardo said on Monday.…

  • Progress made on NAFTA as sixth round ends

    Progress made on NAFTA as sixth round ends

    By Barry Ellsworth, Trenton, Canada: Representatives from Canada, the U.S. and Mexico agreed Monday that progress has been made as the sixth round of a renegotiated North American Free Trade Agreement (NAFTA) ended in Montreal. In his closing remarks at a press conference, U.S. Trade Representative Robert Lighthizer said he hoped the Montreal talks would…

  • ‘Canada’s WTO complaint against US could scuttle NAFTA’

    ‘Canada’s WTO complaint against US could scuttle NAFTA’

    Ottawa : Canada has “thrown a grenade” at the US filing a complaint with the World Trade Organisation (WTO) against its southern neighbour’s use of trade sanctions, which might wreck their current North American Free Trade Agreement (NAFTA) negotiations, said an international trade law expert. “The odds are increasing that the United States might withdraw…