Global Markets: Canada hopes for allies in U.S. Congress

By Commodity News Service
Sept. 4 (CNS Canada) – The following is a glance at the
news moving markets in Canada and globally.
Canada may have new allies in its attempts to reach a deal
on the North American Free Trade Agreement (NAFTA). Many United
States lawmakers in Congress are opposed to President Donald
Trump’s plan to proceed with a NAFTA deal that does not include
Canada. Talks have stalled over Canadian dairy sector
protections and the U.S. desire to remove the dispute-resolution

panel.
Trump launched a Twitter barrage against his Attorney
General Jeff Sessions during the weekend for indictments laid
against two Republican Congressional members up for re-election
this November. Today also marks the start of confirmation
hearings for Trump’s Supreme Court nominee Brett Kavanaugh.
Two Reuters journalists were sentenced to seven years in
prison for investigating the Rohingya massacre in Myanmar. The
two men, Wa Lone and Kyaw Soe Oo, stand convicted by Myanmar’s
military-controlled government of breaking the official secrets
act. Activists are calling on the country’s de facto leader Aung
San Suu Kyi’s government to pardon the journalists.

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