Mexican Media Brands
Canada, U.S. Optimistic About a NAFTA Trade Deal
The U.S. and Canada are voicing optimism that the two countries can complete a tentative three-way trade deal with Mexico on Friday that would replace the North American Free Trade Agreement.
#economics
Share
The U.S. and Canada are voicing optimism that the two countries can complete a tentative three-way trade deal with Mexico on Friday that would replace the North American Free Trade Agreement.
The U.S. and Mexico came to a preliminary agreement on Monday after several weeks of intense bilateral negotiations. President Donald Trump had threatened to move ahead with that deal if Canada balked—and perhaps impose a 25% import tax on Canadian-made cars.
Relations between Trump and Canadian Prime Minister Justin Trudeau turned frosty in June amid escalating rhetoric on both sides. But Trump tells reporters he had a pleasant discussion with Canadian Prime Minister Justin Trudeau on Wednesday about reaching an agreement by the end of the week. Trudeau says only that a deal by Friday is “a possibility.”
Reports say the most contentious issues involving the two countries are Canada’s effort to preserve NAFTA’s trade dispute resolution system, and a U.S. demand for greater access to Canada’s dairy market.
RELATED CONTENT
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.