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Tag Archives: Mexico

#NAFTA: ROUND SEVEN

U.S., Mexican and Canadian negotiators met on Monday seeking to narrow disagreements on how to overhaul NAFTA despite renewed signs of tension between Mexico and President Trump over his planned border wall. Talks are scheduled to run through March 5. (Reuters)

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THAWING #NAFTA PROSPECTS

During an Illinois Farm Bureau breakfast sponsored by COUNTRY Financial at the American Farm Bureau Federation Convention, Canadian Agriculture Attache Michael Hawkins touted the benefits of NAFTA. He said farmers in Canada and the U.S. stand to lose if negotiations break down. (FarmWeekNow.com)  

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IFB URGES LESS ANTI-NAFTA RHETORIC

Voting delegates at IFB’s annual meeting in Chicago this week approved a resolution urging less rhetoric and more negotiation from the Trump administration on NAFTA. Members also sent more than 1,100 emails to members of Congress in support of NAFTA during the annual meeting. “If you watch the rhetoric and the press releases, the anti-trade… read more

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ENDING #NAFTA WOULD HURT GROWTH, COMPETITIVENESS

Ending NAFTA would harm the U.S. and Canadian economies and reduce their competitiveness versus Asia and Europe, according to a Monday report issued by the Bank of Montreal. The report, titled “The Day After NAFTA,” says failing to renegotiate the 23-year-old trade pact would lead to a 0.2 percent net reduction in real U.S. GDP… read more

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#NAFTA NEGOTIATIORS LOCK HORNS

Negotiators from the U.S., Mexico and Canada Tuesday will square off for the last time during the fifth round of talks to rework NAFTA. Talks could become contentious with negotiators pushing back against U.S. demands to raise the minimum threshold for NAFTA autos to 85 percent from 62.5 percent, as well as insist that fully… read more

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GOP LAWMAKERS WORRIED #NAFTA TALKS WILL FAIL

Pro-trade Republicans in Congress are growing worried that President Donald Trump may try to withdraw the U.S. from NAFTA rather than negotiate a compromise. Iowa Sen. Chuck Grassley said USTR Robert Lighthizer agreed that scrapping the deal would be hard on U.S. ag, but said that Lighthizer’s approach was “taking everybody to the brink on… read more

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U.S. EXIT FROM #NAFTA WON’T HURT #MEXICO

Mexico’s economy minister Ildefonso Guajardo Thursday said he didn’t agree with U.S. Commerce Secretary Wilbur Ross’ comments that it would be devastating for Mexico if the U.S. withdrew from NAFTA. “Without a doubt, Mexico could face a short-term impact because the market is very sensitive to marketing, branding,” Guajardo said. “Our ability to adjust, and… read more

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#NAFTA TALKS RESUME

The fifth round of NAFTA talks begin this week in Mexico City with negotiators from Canada, Mexico and the U.S. trying to make progress on some of the key sticking points. U.S. negotiators included a list of demands in previous rounds which threaten to derail the trade pact, including an automatic expiry clause and scrapping… read more

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MOST AMERICANS SUPPORT #NAFTA

56%t of Americans say that NAFTA is good for the U.S., while just 33% say it’s bad,  according to a new survey by the Pew Research Center. Additionally, just 30% of Americans say the agreement benefits Mexico more than the U.S.; only 20% say the same of Canada.

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U.S. #TRADE POLICY AT A ‘CRITICAL JUNCTURE’

U.S. Sen. Pat Roberts this week warned the path the Trump administration could take on NAFTA “is fraught with a lot of dangers.” Speaking with Sen. Ted Cruz at a pro-NAFTA event hosted by the U.S. Chamber of Commerce, Roberts said, “We are coming to a crossroads, and the decisions made on international trade will… read more

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