QUEBEC CITY, Quebec (Reuters) – The United States and Canada swung sharply on Sunday toward a diplomatic and trade crisis as top White House advisers lashed out at Canadian Prime Minister Justin Trudeau a day after U.S. President Trump called him “very dishonest and weak.” The spat drew in Germany and France, which sharply criticized […] Read more
NAFTA — page 7
Pork tariffs: short term complication or long term cost?
I’ve noticed down here in Des Moines at the World Pork Expo that quite a few U.S. hog industry people seem to be assuming today’s tariffs on U.S. pork by Mexico and China are just a short term thing, something that will be removed when the Negotiator-in-Chief resolves the U.S.-launched trade wars. Especially amongst those […] Read more
Trump fails import-export math
For someone who graduated from a top business school, Donald Trump doesn’t seem to understand basic math. In a Monday morning tweet, Trump said Canada, Mexico and China are treating American farmers “unfairly.” He claimed that U.S. farmers have not been doing well for the last 15 years because countries, like Canada, put up barriers […] Read more
Trump aide says Canada’s Trudeau overreacting to trade dispute
WASHINGTON (Reuters) – Trade frictions between the United States and Canada are a “family quarrel,” President Donald Trump’s economic adviser said on Sunday, brushing aside concerns expressed by Canadian Prime Minister Justin Trudeau as an overreaction. The Trump administration said on Thursday it was moving ahead with tariffs on aluminum and steel imports from Canada, […] Read more
U.S. hits Canada with metal tariffs, Canada hits back
Canada is hitting back against “totally unacceptable” U.S. tariffs on Canadian steel and aluminum. Canada’s Minister of Foreign Affairs Chrystia Freeland said today that the federal government will impose duties worth $16.6 billion on American steel, aluminum and other products The dollar figure represents the amount of steel and aluminum that Canada exported to the […] Read more
Roll over, U.S. elephant; the mouse has roared
U.S. President Donald Trump is right: Canadians have exercised our dominance over the Americans on trade for long enough. The mouse has been nipping away at the elephant’s toes for so long that it can barely stand. Animal rights groups are now lamenting the fate of the elephant. As the president noted, we are indeed […] Read more
U.S. prepared to go slow on NAFTA
The May deadline was unrealistic because the three countries have many outstanding issues to resolve
If anyone was holding out hope for a North American Free Trade deal in 2018, Gregg Doud has dumped a large bucket of cold water on that idea. Doud, chief agricultural trade negotiator for the Office of the U.S. Trade Representative, shared an update on NAFTA May 22 while speaking at a Farm Foundation forum […] Read more
NAFTA deal appears unlikely for 2018
Robert Lighthizer has confirmed what trade analysts have been saying for a while: a new and improved North American Free Trade Agreement is a long way off. Earlier in May there was hope that Mexico, Canada and the United States could finalize a deal or possibly achieve an agreement in principle this month. But Lighthizer, […] Read more
Optimism wanes for quick NAFTA deal
The United States says it wants a deal signed this month, but one observer doesn’t expect an agreement until next year
It’s become an intriguing guessing game for trade analysts and a few media pundits: will a new North American Free Trade Agreement get done this month? Or is a May deal as likely as United States President Donald Trump taking a week-long break from Twitter? Patrick Leblond, University of Ottawa associate professor of public and […] Read more
May NAFTA deal? Fat chance, say analysts
It’s become an intriguing guessing game for trade analysts and a few media pundits: will a new North American Free Trade Agreement get done this month? Or, is a May deal as likely as United States President Donald Trump taking a week-long break from Twitter? Patrick Leblond, University of Ottawa associate professor of public and […] Read more
