Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Thursday that the United States was seeking to add a five-year sunset provision to the North American Free Trade Agreement to provide a regular, “systematic re-examination” of the trade pact. Ross told a forum hosted by Politico that both he and U.S. Trade Representative Robert
U.S. wants NAFTA five-year sunset provision
NAFTA ministers claim progress in talks
Mexico City | Reuters — Trade Ministers from Canada, Mexico and the United States on Tuesday said they made progress in weekend talks to update the NAFTA trade pact, consolidating language for some proposals and reaffirming their commitment to complete negotiations toward the end of 2017. A trilateral statement issued by U.S. Trade Representative Robert
U.S. makes lower trade deficit priority in NAFTA talks
Washington | Reuters — The United States on Monday launched the first salvo in the renegotiation of the 23-year-old North American Free Trade Agreement (NAFTA), saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. In a much-anticipated document sent to lawmakers, U.S. Trade Representative Robert Lighthizer said
Trump administration triggers launch of NAFTA renegotiations
Washington | Reuters — The Trump administration on Thursday formally launched its effort to renegotiate the North American Free Trade Agreement with Canada and Mexico to try to win better terms for U.S. workers and manufacturers. With a letter to U.S. lawmakers, U.S. Trade Representative Robert Lighthizer said he triggered a 90-day consultation period with
Trump’s trade nominee pledges tough enforcement
Washington | Reuters — U.S. President Donald Trump’s choice for the top trade negotiator on Tuesday pledged an “America First” strategy to aggressively enforce U.S. laws and trade deals to stop unfair imports and push China to scrap excess factory capacity. Robert Lighthizer, the U.S. Trade Representative nominee, told senators at his confirmation hearing that
U.S. Commerce chief sees no major NAFTA talks until later this year
Washington | Reuters — U.S. Commerce Secretary Wilbur Ross said Wednesday that substantial negotiations to revamp the North American Free Trade Agreement likely will not get started until the latter part of this year and could take a year to complete. Ross, speaking to Bloomberg Television, said U.S. legal notification requirements with partners Mexico and
U.S. challenges Chinese wheat, corn, rice price supports at WTO
Washington | Reuters — The United States on Tuesday launched a challenge to China’s price supports for domestic production of rice, wheat and corn at the World Trade Organization, charging that these far exceed limits that China committed to when it joined the WTO in 2001. The U.S. Trade Representative’s office said China’s “market price
U.S., European trade negotiators battle political headwinds
New York | Reuters — Facing deeply entrenched differences and political headwinds, the top negotiators trying to reach a sweeping U.S.-European free trade deal avoided agriculture, public procurement and other thorny issues in talks this week. Instead, Assistant U.S. Trade Representative Daniel Mullaney and European Commission lead negotiator Ignacio Garcia Bercera said on Friday they