Business groups in Canada say it is possible that Canada could agree to a framework deal on the North American Free Trade Agreement (NAFTA) this week, in line with a Trump administration goal. Talks are underway between the U.S. and Canada in hopes an updated handshake agreement can be reached, after the U.S. announced an agreement with Mexico. The CEO …
Trump Terminating Current NAFTA
The United States and Mexico have agreed to a new North American Free Trade Agreement (NAFTA) framework, prompting President Trump to announce his intent to terminate the current agreement. That means Trump is seeking to replace NAFTA with an agreement that for now does not include Canada. The expected agreement paves the way for the United States to shift its …
Farm Groups Respond to NAFTA Announcement
Farm country overall shows reserved optimism regarding the North American Free Trade Agreement (NAFTA) announcement Monday. The announcement marks a step forward, as Mexico and the U.S. have a basic agreement in place. However, with Canada yet to be included, many questions remain. Farmers for Free Trade director Brian Kuehl says there is “significant work that remains” in delivering on …
Canada Next for NAFTA
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, …
Canadians Happy with Trudeau Handling of NAFTA
Canadians are supportive of Prime Minister Justin Trudeau’s handling of the North American Free Trade Agreement (NAFTA). Canada is expected to rejoin the talks this week, as the U.S. and Mexico are working to reach an agreement. Meanwhile, a Canadian public opinion research firm, says 56 percent of Canadians approve of Trudeau’s handling of the ongoing NAFTA talks, representing an …
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 …
Coalition Pushing for COOL in NAFTA for Beef and Pork
The Coalition for a Prosperous America is urging the U.S. to include Country-of-Origin Labeling (COOL) for beef and pork in the North American Free Trade Agreement (NAFTA) Negotiations. Coalition member, R-CALF, says in a news release that reinstatement of COOL labeling will help U.S. consumers “to find safer food alternatives and will also help to boost domestic agriculture.” R-CALF points …