NAFTA

Trump says NAFTA talks are 'moving along pretty well'

Washington - Muslimchronicle

US President Donald Trump said Tuesday he believed the talks with Canada and Mexico on the North American Free Trade Agreement, which have just resumed, were "moving along pretty well." "I happen to be of the opinion that if it does not work out, we will terminate it, but I think they are doing pretty well (…) so we'll seeRead more

a 'progressive agenda' at risk

Montreal - Muslimchronicle

Prime Minister Justin Trudeau promises a "progressive agenda" for Canada's G7 presidency in 2018, but talks may once again hit a snag over climate change after the US withdrawal from the Paris agreement. For Justin Trudeau, this presidency comes at a time when his government has been struggling with a difficult renegotiation of the North American Free Trade Agreement (NAFTA) with theRead more

China and Canada sign trade agreements

Beijing - Muslimchronicle

Visiting Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang signed three trade agreements on Monday as Ottawa tries to diversify commercial ties amid tough NAFTA negotiations with Washington. At a ceremony in Beijing's Great Hall of the People, the two leaders signed an action plan on energy cooperation as well as two memoranda of understanding on food productsRead more

US industry gears up to save NAFTA

Washington - Muslimchronicle

With televised ads proclaiming "NAFTA works for America" and study after study enumerating the dangers of withdrawing from the treaty, the US Chamber of Commerce and like-minded trade proponents have taken their message to Capitol Hill. The effort has taken on added significance now that negotiators from Canada, the United States and Mexico working to overhaul the treaty are conducting their fifthRead more

Few signs of progress at Nafta talks

Mexico CIity - Muslimchronicle

Negotiations in Mexico to update Nafta have not made much progress on tough US demands that could sink the 1994 trade pact, but the current round of talks are progressing with civility, some participants said on Saturday. Officials from the United States, Canada and Mexico are meeting in Mexico City for the fifth of seven planned rounds to update theRead more

NAFTA uncertainty threatens Mexico's economy

Washington - AFP

Uncertainty over the NAFTA trade agreement poses a risk to economic growth in Mexico, the International Monetary Fund said Monday as US, Mexican and Canadian negotiators geared up for new talks. The IMF said in a report that Latin America's second-largest economy was weathering a difficult international environment relatively well, but could see growth take a hit because of USRead more

Holy guacamole! How NAFTA drove America's avocado boom

Washington - Muslimchronicle

Love it or loathe it, America's avocado craze shows no sign of fizzling out, but fans of the Mexican staple may not realize they can thank the NAFTA trade deal for ensuring its bountiful supply. In a little over two decades, American store shelves have been transformed as mounds of avocados, mangos, papayas and peppers stamped "Mexico" flooded over theRead more

NAFTA talks deadlock: the main sticking points

New York - Muslimchronicle

Trade talks deadlocked Tuesday between the United States, Mexico and Canada. Officials extended negotiations into 2018, putting the future of the North American Free Trade Agreement in doubt. Canadian and Mexican officials have rejected major proposals from Washington. Here are the main sticking points: - The sunset clause - The Trump administration has proposed a NAFTA clause that would allowRead more

Grim reality of NAFTA talks sets in after tough US demands

Virginia - Muslimchronicle

Negotiators from Canada and Mexico grappled with US demands to drastically alter the North American Free Trade Agreement on Saturday, as talks over renewal of the pact vilified by President Donald Trump ran through a fourth straight day. Some downcast participants said the demands, unveiled this week in line with Trump’s “America First” agenda, have increased the odds of NAFTA’sRead more

Canada, Mexico stick to NAFTA guns despite Trump threats

Mexiico City - Muslimchronicle

The leaders of Canada and Mexico stuck to their upbeat view on the future of the North American Free Trade Agreement on Thursday, despite US President Donald Trump’s threats to axe it. Visiting Mexico on the heels of a tense trip to Washington, Canadian Prime Minister Justin Trudeau downplayed Trump’s attacks on NAFTA as part and parcel of the negotiationsRead more