A trade official from Mexico is hopeful to bring Canada back into the North American Free Trade Agreement talks to reach a three-way agreement, as early as next week. The comments come as the U.S. and Mexico were close to a “handshake” agreement Thursday, helping calm some anxieties for agriculture amidst the global trade turmoil. Politico reports that the top …
Mexico, U.S., Expected to Announce NAFTA Agreement Thursday
A handshake between Mexico and the United States is expected today (Thursday) on the North American Free Trade Agreement (NAFTA). Politico reports the Trump administration is planning to formally announce a breakthrough with Mexico on the talks, which could pave the way for Canada to resume negotiations with the United States. The announcement is “on the schedule,” however, plans can, …
Canada Expecting High-Volume Crop Season
Just as the United States is expected to harvest a bumper crop, according to the latest Department of Agriculture numbers, Canada is expecting a high-volume harvest as well. CNS Canada reports Canadian grain companies are bracing for a high-volume year. Grain companies say this year’s overall crop to be roughly equivalent to those of the past two years, when shipping …
China Hopeful for FTA with Canada
China is hopeful to create a free trade agreement (FTA) with Canada as tension with the United States grows. China’s ambassador to Canada this week says he hopes to make progress on a free-trade agreement with Canada and others, according to Canada-based Global News. The U.S. and China remain locked in a tit-for-tat trade war and China is seeking options …
Canada May Rejoin NAFTA Talks this Week
Canada could rejoin the North American Free Trade Agreement talks by the end of this week, according to Politico. The move is a positive sign that the U.S. and Mexico could begin wrapping up their end of the deal quickly, paving the way for the U.S. to pivot towards negotiating with Canada. For weeks, Canada has been on the sidelines …
NAFTA Talks Reach One-Year Mark, Close to U.S. Mexico Agreement
The North American Free Trade Agreement (NAFTA) renegotiation effort passed the one-year anniversary this week. A year ago Thursday, the U.S., Canada and Mexico convened for the start of the renegotiation talks. Now, the U.S. could be nearing a deal on NAFTA, at least with Mexico. Politico reports the political situation in both countries is such that each is more …
U.S., Mexico, Close to Reaching NAFTA Deal
The U.S. and Mexico are “very, very close” to reaching a deal to update the North American Free Trade Agreement (NAFTA). A White House economic adviser said this week the negotiation teams were going through the perceived final details. The U.S. is hopeful a deal with Mexico can be a model for what Canada could accept. Canada remains on the …
NAFTA Negotiations: Mexico Close, Canada Talks Not Close
North American Free Trade Agreement (NAFTA) negotiations with Mexico are going “as well as we can possibly expect right now.” That’s from Gregg Doud, the Chief U.S. Agriculture Negotiator, who spoke at the International Sweetener Symposium in Michigan. The Hagstrom Report says he also mentioned that negotiators “haven’t had market access conversations with Canada of any substance.” He also told …
Canada Happily on NAFTA Sidelines, for Now
Canada may be sitting out on the North America Free Trade Agreement (NAFTA) talks, for now. However, Canadian officials say they are “perfectly happy” doing so, because “they have a number of issues to discuss that Canada does not need to sit in on,” according to Politico. That includes auto rules in the agreement, a contentious issue between the U.S. …
U.S., Mexico, Leaving Canada behind in NAFTA Talks
The United States and Mexico are progressing on the North American Free Trade Agreement re-negotiations, leaving Canada behind, for now. Top trade officials from Mexico are in the U.S. this week after optimism showed through last week with a potential agreement on automotive rules as part of NAFTA, according to Politico, which notes progress on the contentious issue bodes well …