Canada reaches trade deal with U.S.

ㅤ"The agreement preserved a NAFTA dispute-resolution process that the U.S. wanted to jettison, the official told The Associated Press ahead of an official announcement. The official was not authorized to speak publicly and requested anonymity.
ㅤThe agreement also exempts tariffs on 2.6 million cars. On dairy Canada essentially gave the U.S. the same access it offered in the Trans Pacific Partnership trade agreement that President Donald Trump rejected."

ㅤô¿ô …Based on this info it seems the USA has given in to Canada to prevent hiccups in the Mexico trade deal. It’s questionable how binding this agreement with Canada really is.

Full story at The Washington Times. Posted on 10/1/18. See "canada, trade deal, nafta."

Donald Trump warns Congress not to 'interfere' in his revised NAFTA deal

ㅤ”‘Congress should not interfere w/ these negotiations or I will simply terminate NAFTA entirely & we will be far better off,’ Mr. Trump tweeted. ‘There is no political necessity to keep Canada in the new NAFTA deal. If we don’t make a fair deal for the U.S. after decades of abuse, Canada will be out.’
ㅤMr. Trump notified Congress Friday that he was moving ahead with a U.S.-Mexico deal to replace NAFTA, possibly without Canada, signaling that talks with Ottawa had bogged down. Congress will be asked to ratify the deal after 90 days.
ㅤThe President said Saturday that the North American Free Trade Agreement with Mexico and Canada ‘was one of the WORST Trade Deals ever made.’
ㅤ’The U.S. lost thousands of businesses and millions of jobs,’ Mr. Trump tweeted. ‘We were far better off before NAFTA – should never have been signed. Even the Vat Tax was not accounted for. We make new deal or go back to pre-NAFTA!'”

Full story at The Washington Times – 9/1/18. See “nafta, canada, mexico, trade.”

Trump hits EU, Canada, Mexico with steel tariffs


ㅤ"President Trump on Thursday slapped a 25 percent tariff on steel imports from the European Union, Canada and Mexico, moving to punish what he saw as unfair competition after leaders from the two regions were unable to convince him otherwise. He also imposed a 10 percent tariff on aluminum."ㅤ

Full story at The Washington Times, image from marfeel(.com) – 5/31/18. See "steel imports, canada, mexico."ㅤHome

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Trump: Tariffs will ‘come off’ if Mexico, Canada sign ‘new & fair’ NAFTA deal


ㅤ”‘We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A.,’ the President wrote on Twitter.
ㅤ’Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed.'”

Full story at The Hill, image from thehill(.com) – 3/5/18.ㅤTags: tariffs, trade deficits, mexico, canada, nafta.

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