Washington | Reuters — Top-level talks to update the North American Free Trade Agreement made little headway on Wednesday as the U.S. and Mexico sought to settle differences over the key issue of automobiles, three well-placed sources said. With time fast running out to reach a deal, the two NAFTA members are discussing a U.S.
NAFTA talks drag on as U.S., Mexico spar over autos
NAFTA officials set for Washington meeting to push for progress
Ottawa | Reuters — The top U.S., Canadian and Mexican officials driving NAFTA renegotiations will meet in Washington on Thursday, a Canadian government source said on Tuesday, as pressure for a quick deal mounted. Although the United States is eager to quickly wrap up negotiations to update the US$1.2 trillion North American Free Trade Agreement,
No breakthrough at NAFTA talks, U.S. timeline could be in doubt
Washington/Ottawa | Reuters — The U.S., Mexico and Canada still have to resolve major issues around NAFTA, Canadian Foreign Minister Chrystia Freeland said on Friday, casting doubt that the quick deal sought by Washington would materialize. Freeland met with U.S. Trade Representative Robert Lighthizer and Mexican Economy Minister Ildefonso Guajardo for several hours on Friday
Canada trade deficit jumps as rail problems cut grain exports
Ottawa | Reuters — Canada’s trade deficit in February jumped to $2.69 billion from $1.94 billion in January as rail transport problems slashed exports of wheat and canola, Statistics Canada said on Thursday. The deficit was larger than the $2 billion shortfall predicted by analysts in a Reuters poll. Canada has only recorded two monthly
Canada reports progress on NAFTA, says ‘we’re not there yet’
Ottawa/Mexico City | Reuters — Mexico, Canada and the U.S. have made good progress in their bid to modernize the NAFTA trade pact but still have work to do, Canadian Foreign Minister Chrystia Freeland said Wednesday. Freeland also said she would be flying to Washington for a meeting on Thursday with U.S. Trade Representative Robert
U.S. optimistic about quick NAFTA deal, Canada more downbeat
Ottawa | Reuters — U.S. Trade Representative Robert Lighthizer on Wednesday expressed optimism that talks to modify NAFTA could be wrapped up quickly, but a top Canadian official was more downbeat, saying much work remained. The U.S. wants to speed up the slow pace of negotiations on the US$1.2 trillion North American Free Trade Agreement,
Trudeau optimistic on NAFTA as deal on autos seen possible
Ottawa | Reuters — Canadian Prime Minister Justin Trudeau said Wednesday for the first time that a deal to renegotiate NAFTA was likely, amid signs negotiators may be closer to settling one of the regional trade pact’s most contentious issues. “We remain very confident that a win-win-win deal is not only possible, but likely,” Trudeau
Steel shock drives wedge into sluggish NAFTA talks
Mexico City | Reuters — Negotiators trying to rework the NAFTA trade deal on Thursday were hit by the prospect of a battle over U.S. steel tariffs that could make it more complicated to build autos in North America, one of the most sensitive issues at the talks. U.S. President Donald Trump said he would
Canada, U.S. exchange barbs over NAFTA talks as stresses rise
Canada says the U.S. seeks only to weaken its partners during the challenging renegotiation
Canada and the United States exchanged barbs Feb. 13 over sluggish negotiations to update NAFTA, reflecting mounting tensions over trade talks that appear unlikely to conclude on schedule. The talks have effectively stalled as Canada and Mexico seek to address wide-ranging U.S. demands for changes to the North American Free Trade Agreement. The early-March deadline
Canada to seek Mercosur trade pact amid NAFTA uncertainty
Ottawa | Reuters — The Canadian government plans to open free trade talks with the four-nation Mercosur trading bloc in South America, an official said on Friday, at a time when the future of NAFTA is facing increasing uncertainty. Canada sends around 75 per cent of its goods exports to the U.S. and is looking
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