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Tag Archives: trade

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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TRUMP’S #TRADE SKEPTICISM HURTS #MIDWEST

The Chicago Tribune’s editorial board Monday said President Donald Trump’s fear of trade deals like TPP could leave the Midwest out in the cold. “In large deals, however, all sides get more because reducing barriers leads to increased economic activity,” the board said. “We won’t know for some time the impact of bowing out of… 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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#FARMERS’ #NAFTA CONCERNS FALLING ON DEAF EARS

Despite ag groups’ pleas to maintain NAFTA, it’s becoming clear that the industry’s concerns about pulling out of the trade deal are barely registering with the White House. With the fifth round of talks set to begin next week, and the president repeating his intent to withdraw from NAFTA, farmers and agricultural organizations across the… read more

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@USDA MAKING PLANS FOR #NAFTA PULLOUT

Sonny Perdue Wednesday said the USDA is drawing up plans for the ag industry in case the U.S. pulls out of NAFTA. “We’re talking with the administration and Congress about some mitigation efforts if that were to occur – about how we could protect our producers with that [agricultural] safety next based on prices that… read more

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TRUMP TALKS TRADE

While visiting Japan, President Donald Trump Monday said he hoped the two countries could come to a “free, fair and reciprocal” trade relationship, but made little headway during the visit. Trump was hoping to make strides in fixing what he sees as an unfair trade relationship with the Asian nation, but Prime Minister Shinzo Abe… read more

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NAFTA NEGOTIATIONS EXTENDED

U.S., Canadian and Mexican officials Tuesday agreed to extend NAFTA negotiations into the first quarter of 2018. The most recent round of talks, which ended Tuesday, ended in hostility over aggressive U.S. demands on autos, a five-year sunset clause and Canada’s dairy regulations. Representatives of all three countries agreed they faced “significant conceptual gaps” in… read more

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NAFTA NON-STARTERS

Mexican and Canadian officials attending the fourth round of NAFTA talks – happening through Tuesday in Arlington, Virginia – are grappling with a list of increasingly difficult demands from U.S. negotiators. Last week, the U.S. proposed the trade deal expire every five years unless trading partners agreed to extend it, and asked for the lion’s… read more

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INCREASING ASIAN-PACIFIC TRADE

Trade allows U.S. farmers and ranchers to capitalize on differences in consumer preference, and that’s just what a U.S. House subcommittee heard from a panel of ranchers this week. “I watched as consumers stood six, seven deep at the meat case, buying up U.S. beef,” said Kelley Sullivan, owner of Santa Rosa Ranch in Texas,… read more

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