The New York Times recently outlined what the North American Free Trade Agreement (NAFTA) means for three items notorious for their association with American culture. Combined, what should be considered for a country song title, the article details the cross-border trade of beer, bacon and blue jeans. The article notes that a change in trade policy could change the future …
Canada Says No NAFTA Dairy Negotiating Room with TPP 11 Agreement
With an agreement on the Trans-Pacific Partnership in place, Canada says there is now no room to negotiate it’s dairy pricing scheme through the North American Free Trade Agreement (NAFTA). TPP-11, as it’s called, will be signed in March by the 11 remaining member countries. The agreement was reached a day shy of a year after President Trump removed the …
Study: Killing NAFTA Kills Manufacturing, Agriculture Jobs
A new report by Business Roundtable suggests that ending the North American Free Trade Agreement (NAFTA) would result in job losses of more than 1.8 billion in the United States. As negotiators are meeting in Canada this week, the report was released to “urge the administration to take into account the potential damage of withdrawing from NAFTA.” Drafting two scenarios, …
TPP Talks Continue as Canada Shows Hesitation
Trade officials gathering this week in Tokyo are trying to forge ahead on the Trans-Pacific Partnership (TPP) without the United States but are bogged down by Canada. The member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, also known as TPP 11, reached a basic agreement on the pact in November. But, Canada is holding out to secure …
Another Round of NAFTA Talks Getting Underway
Trade negotiators are in Montreal for the next round of talks regarding the North American Free Trade Agreement (NAFTA). The session could be the last round of significant talks before the Mexican presidential campaigns which lead up to a July first election, making negotiations too difficult, according to the Hagstrom Report. The talks will last until January 29th, when the …
Mexican Ambassador says NAFTA Negotiations Are Making Progress
The Mexican Ambassador to Washington tells Bloomberg that the U.S., Canada, and Mexico have general agreement on 40 percent of the topics being renegotiated in the NAFTA talks. Geronimo Gutierrez says Mexico may also be willing to accept an increase in the minimum regional content for automobiles traded under the deal. Gutierrez says Mexico is focusing on increasing employment, something …
Dairy States Need Strong NAFTA
Trade, and improving trade, is critically important for the U.S. dairy industry, especially in Wisconsin. U.S. Senator Tammy Baldwin, a democrat from Wisconsin, says trade is vitally important to all sectors of the U.S. economy, including dairy, but the U.S. needs fair trade agreements. Baldwin says the Trump administration needs to double down its efforts to renegotiate the North American …
Canada Official: U.S. Direction on NAFTA Like Following a Pinball
An agriculture official from Canada says trying to determine the U.S. direction for the North American Free Trade Agreement is like “following a pinball.” Ron Bonnett, the Canadian Federation of Agriculture president, was attending when President Donald Trump spoke at the American Farm Bureau Federation convention last week. Bonnett told an Ontario, Canada-based newspaper that he is still optimistic that …
Speaker Ryan: Canada the Real Problem with NAFTA
U.S. House Speaker Paul Ryan of Wisconsin says the biggest problem with the North American Free Trade Agreement “comes from the North,” referring to Canada. Ryan points to Canadian dairy producers dumping low-cost products on the market to compete with Wisconsin farms, as the real issue with NAFTA. Late last week, the Republican said NAFTA needs updated, but said the …
Senator Ernst Suggests Trump is Softening on NAFTA Threats
U.S. Senator Joni Ernst of Iowa told the Iowa Corn Growers Association this week that President Donald Trump appears to be reassessing his position on the North American Free Trade Agreement. Ernst told farmers Monday that “I think he has doubts,” when it comes to withdrawing from NAFTA. Iowa’s Cedar Rapids Gazette reports that Ernst expects a follow up NAFTA …