trade deal

Canada Willing to Stall Trade Deal with China until China is More Reasonable

Dan Exports/Imports, Industry News Release, Trade

Canada is willing to stall a potential trade deal with China until China starts behaving better, according to CBC News. Canada’s ambassador to China says a trade pact doesn’t seem likely to be reached until China shows flexibility on controversial policies. Ambassador John McCallum says right now, much of the work on a potential trade agreement is focusing on “bridging …

steel

Canada, Mexico, Want Steel and Aluminum Tariffs Lifted

Dan Industry News Release, Trade

Canada and Mexico want the U.S. to remove steel and aluminum tariffs now that a NAFTA 2.0 framework is in place. Canada has asked the U.S. to lift the tariffs “as soon as possible.” Mexico’s top negotiator for the North American Free Trade Agreement, now the U.S.-Mexico-Canada Agreement, says Mexico should not sign the agreement until the tariffs have been …

putnam

USMCA a Framework for Future Trade Deals

Dan Industry News Release, Trade

A White House adviser says the U.S.-Mexico-Canada Agreement (USMCA) is a model for future trade agreements. USMCA will replace the North American Free Trade Agreement (NAFTA), if approved. Kevin Hassett, chairman of the White House Council of Economic Advisers, said this week that other potential agreements will “look very much alike, and very much like this,” according to Politico. His …

putnam

Trudeau Says USMCA Keeps China Trade Door Open

Dan Industry News Release, Trade

Canada’s Prime Minister says the new U.S.-Mexico-Canada Agreement (USMCA) allows Canada to move forward with trade talks with China. Despite a provision in the text of the agreement that allows the U.S. to opt-out of the deal if Canada or Mexico engages with China, Justin Trudeau claims the provisions were “watered down” in the final version of the agreement. He …

usmca

Secretary Perdue Comments on USMCA

Dan Industry News Release, Trade

U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the announcement of a United States-Mexico-Canada Agreement (USMCA): “The great news of a new USMCA deal is important for our economy as a whole, including the agricultural sector, which counts Canada and Mexico in our top three trading partners. I have long said that I believe our country is …

discussing

U.S., Canada Trade Officials Discussing Next Steps

Dan Exports/Imports, Industry News Release, Trade

The U.S. and Canada are discussing the next steps for approving the U.S.-Mexico-Canada Agreement that will replace the North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer visited Canada this week meeting with his Canadian counterpart, Chrystia Freeland. A spokesperson for Freeland told Bloomberg News the meeting was an “opportunity to take stock of the next steps on USMCA.” …

veterinary

Canada Veterinary University Receives 20,000 Acre Donation

Dan Cattle, Industry News Release

Canada’s University of Calgary’s faculty of veterinary medicine has received a substantial gift to continue its mission. A father and daughter duo have donated an entire working ranch and 1,000 head of cattle to the university. The Calgary Herald reports that in terms of monetary value, W.A. Ranches – which is valued at $44 million – is the largest gift …

language

China Language in USMCA Not Surprising

Dan Industry News Release, Trade

Language against trade talks with China in the U.S.-Mexico-Canada Agreement is not surprising, according to a Chinese editorial. The South China Morning Post, an English language newspaper based in China, says the policy is perhaps the worst feature of the USMCA for Beijing, as it may become a template for future trade talks Trump holds with allies such as Japan, …

trade

Perdue Favors Removal of Section 232 Tariffs on Canada, Mexico

Dan Exports/Imports, Industry News Release, Trade

Agriculture Secretary Sonny Perdue says he favors removing the Section 232 tariffs on Canadian and Mexican steel and aluminum which has led those countries to impose tariffs on U.S. farm products. Perdue acknowledged that the tariffs have “a dampening effect” on the benefits of the new U.S.-Mexico-Canada Agreement, according to the Hagstrom Report. Perdue said: “I would be an advocate …