Canada expects trade challenges from the U.S. will continue even if the North American Free Trade Agreement (NAFTA) talks are successful. A senior Canadian government official says: “Even if a new NAFTA were to be signed tomorrow I think we would still face a lot of turbulence in our relationship with the United States on trade.” Timothy Sargent, the top …
Former Ag Trade Negotiator Says Much Work Left on NAFTA
A former Obama administration trade official says there is too much left to do before the deadline for the North American Free Trade Agreement (NAFTA) talks. Former Chief Agricultural Negotiator for the U.S. Trade Representative, Darci Vetter, told Agriculture.com the negotiations “have a long way to go.” Noting that some issues don’t have an assigned approach yet by the administration, …
Canada: 73 Percent of U.S. Milk Price is Subsidized
Canada’s dairy subsidies have been a controversial topic during the North American Free Trade Agreement (NAFTA) negotiations. For many years, the U.S. dairy industry has claimed that their Canadian counterparts are heavily subsidized through their dairy supply management program. The U.S. says that supply management program, and the Class and pricing systems in place, creates an unfair playing field. The …
Canada Says Serious Challenges Remain in NAFTA Talks
Some serious challenges remain to be overcome before Canada will ever sign off on a renegotiated North American Free Trade Agreement(NAFTA). Canada’s Foreign Minister, Chrystia Freeland, says hardline demands for reforms from the U.S. are the biggest of those challenges. Freeland told the House of Commons foreign affairs committee that Canada will only accept a deal that’s in their nation’s …
Foreign Competitors Increasing Spending on Ag Exports
Foreign countries that compete with the U.S. for world market share are increasing their spending on promoting ag exports. Several countries, as well as the European Union, spent close to $1 billion in public funds on ag export promotion in 2016. Studies are showing those countries outspent the U.S. 4 to 1. That’s a 70 percent increase in competitive public …
Canada Offering Livestock Producers Tax Relief
The Government of Canada Wednesday released the final list of designated regions where livestock tax deferral has been authorized for 2017 due to drought, flood or excess moisture. In November, Agriculture and Agri-Food Canada announced the initial list of designated regions in British Columbia, Alberta, Saskatchewan and Quebec, for livestock tax deferral purposes. But, the agency says ongoing analysis has …
Canada Toughens NAFTA Stance
Canada Prime Minister Justin Trudeau took a move out of President Trump’s playbook over the weekend, offering his own threats to walk away from the North American Free Trade Agreement(NAFTA). Trudeau says there are several reasons Canada could choose not to accept the re-negotiated agreement. Speaking at a town-hall event, Bloomberg reports that Trudeau said: “Canada is willing to walk …
Commerce Secretary Ross: NAFTA Talks Far from Over
Commerce Secretary Wilbur Ross told CNBC that the North American Free Trade Agreement re-negotiations are “far from being completed.” While noting that progress was made on easier provisions, he says “very little has been done on the hard issues,” including automotive trade and agriculture. Ross says President Trump could still choose to withdrawal from the agreement, saying a final renegotiated …
NAFTA Talks to Continue, Optimism Increasing
Talks to renegotiate the North American Free Trade Agreement (NAFTA) are at a “much better point,” according to trade officials from Mexico. Speaking at the conclusion of the latest round of talks held in Canada, U.S. Trade Representative Robert Lighthizer said: “We finally began to discuss the core issues.” All three sides agreed to language governing anti-corruption during the latest …
Some Sections of NAFTA Negotiations Closer to Completion
While the U.S. is still unhappy with the slow pace in the North American Free Trade Agreement (NAFTA) negotiations, there are some sections that are close to completed. Canada’s chief NAFTA negotiator says that the sixth round of talks could lead to a revamped sanitary and phytosanitary chapter of the pact. Politico says that chapter covers rules on food safety …