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
Tag Archives Trade — page 3
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
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
Trump team demands China slash U.S. trade surplus by $200 billion, cut tariffs
WASHINGTON/BEIJING (Reuters) – The Trump administration has drawn a hard line in trade talks with China, demanding a $200 billion cut in the Chinese trade surplus with the United States, sharply lower tariffs and advanced technology subsidies, people familiar with the talks said on Friday. The lengthy list of demands was presented to Beijing before […] Read more
Saving our supply managed beacons
With U.S. President Donald Trump’s “America First” rhetoric, it looked like NAFTA renegotiations would end in a stalemate. However, Canadian giveaways to appease Trump are keeping talks for a reformed North American Free Trade Agreement alive. Farmers and consumers must not be complacent regarding the federal government’s political commitments to defend supply management against Trump’s […] Read more
Dairy not sounding like deal breaker
Americans would like to see NAFTA talks address supply management, but no one wants it to jeopardize the trade deal
WASHINGTON, D.C. — Canada’s dairy system continues to be the main agricultural issue vexing North American Free Trade Agreement renegotiations, U.S. politicians and agriculture officials say. It was the only specific NAFTA complaint about agricultural trade raised by a number of Washington players in meetings with North American Agricultural Journalists. “We want to make sure […] Read more
Dull and diligent likely to prevail over Trump trade tactics
America’s mercurial, combative, antagonistic and games-playing president fancies himself a brilliant negotiator. But I’m betting he’s going to get fleeced by Canada’s dull and diligent trade team, and so successfully that he never even realizes he’s been had. I was just in Washington, D.C., and President Donald Trump’s trade talk is still the talk-of-the-town, which […] Read more
