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, 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 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
Trudeau under pressure to cork provinces’ wine, oil row
Winnipeg/Ottawa | Reuters — Prime Minister Justin Trudeau faced pressure on Wednesday from an important political ally and the business community to settle an oil pipeline dispute that has sparked fears of a trade war between two neighbouring provinces. Alberta and British Columbia are scrapping over Kinder Morgan Canada’s planned $7.4 billion Trans Mountain pipeline
Trudeau says doesn’t think Trump will pull U.S. out of NAFTA
Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau on Wednesday said he did not think U.S. President Donald Trump would pull out of NAFTA, despite slow progress at negotiations to update the US$1.2 trillion trade pact. Trudeau’s comments were among the most positive made by any Canadian official since talks started last year to
At NAFTA talks, Canada hails jet case as victory for free trade
Montreal | Reuters — Canadian plane maker Bombardier won a major U.S. case on Friday, which government officials said showed the importance of free trade at a time when talks to modernize the NAFTA pact are moving slowly. A U.S. tribunal unexpectedly dismissed a complaint by Boeing against alleged dumping by Bombardier in the case
NAFTA negotiations grind on
Montreal | Reuters — U.S. negotiators are holding firm in their demands for a wide-ranging overhaul of NAFTA, sources close to the talks said on Thursday, raising questions about whether any real movement is happening at the latest round of negotiations on the treaty. Officials from Canada, Mexico and the U.S. are in Montreal for
Canada unveils ideas to save NAFTA
Montreal | Reuters — Canadian negotiators at the NAFTA talks on Wednesday unveiled ideas to address contentious U.S. demands for revamping the 1994 pact while Prime Minister Justin Trudeau urged top U.S. executives to back free trade. The sixth and penultimate round of negotiations to update the North American Free Trade Agreement (NAFTA) opened in
Key round of NAFTA talks opens amid upbeat signs
Montreal | Reuters — Officials opened a key round of negotiations to modernize NAFTA on Tuesday amidst optimistic signs, as U.S. President Donald Trump said the talks were going “pretty well” and Canada’s chief negotiator said he had high hopes for progress. Trump’s remarks helped the Mexican peso stem its losses, a reflection of how
Trudeau to boost support for NAFTA in U.S. as talks intensify
Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will visit three major U.S. cities next month to bolster support for NAFTA as negotiators revising the trade pact tackle major differences, officials said on Friday. The timing of Trudeau’s Feb. 7-10 trip is significant, since it comes after a sixth and penultimate round of talks
Canada talks tough on trade as NAFTA talks’ endgame nears
London, Ont. | Reuters — Canada is talking tough with the U.S., stressing its determination to push back against what it says are unfair trade practices ahead of crucial talks to revamp the tri-nation North American Free Trade Agreement. U.S., Canadian and Mexican officials meet this month for the sixth and penultimate round of talks