OTTAWA (Reuters) — Canada has asked for formal trade consultations with Mexico over its restrictions on genetically modified agricultural imports under the United States-Mexico-Canada Agreement, Bloomberg News reported March 8, citing people familiar with the matter. Canada requested the talks on March 7, according to Bloomberg, a day after the U.S. requested formal trade consultations […] Read more
Tag Archives USMCA — page 3
Canada requests formal talks with Mexico on GMO restrictions
OTTAWA (Reuters) – Canada has asked for formal consultations with Mexico over its restrictions on genetically modified (GM) agricultural imports under the North American free-trade agreement, Bloomberg News reported on Wednesday, citing people familiar with the matter. Canada requested the talks on Tuesday, according to Bloomberg, a day after the U.S. requested formal trade consultations […] Read more
U.S.-Mexico corn fight could hurt barley growers
A brewing corn trade war between Mexico and the United States could have dire consequences for Canadian barley growers, says an analyst. Mexican president Andres Manuel Lopez Obrador issued a presidential decree on Dec. 31, 2020, that would ban the import of genetically modified corn starting in 2024 and phase out the use of glyphosate. […] Read more
U.S. accuses Mexico of violating trade deal
Mexican president announced last year that the country plans to ban genetically modified corn and the use of glyphosate
Mexico is not living up to commitments it made under the United States-Mexico-Canada Agreement, say U.S. officials. Sharon Bomer Lauritsen, agriculture trade policy consultant with AgTrade Strategies, said Mexican president Andres Manuel Lopez Obrador’s (AMLO) administration is flagrantly violating terms of the USMCA, which replaced the North American Free Trade Agreement. He issued a decree […] Read more
U.S. accuses Mexico of violating trade deal
Mexico is not living up to commitments it made under the United States-Mexico-Canada Agreement, say U.S. officials. Sharon Bomer Lauritsen, agriculture trade policy consultant with AgTrade Strategies, said Mexican president Andres Manuel Lopez Obrador’s (AMLO) administration is flagrantly violating terms of the USMCA, which replaced the North American Free Trade Agreement. He issued a decree […] Read more
USMCA trade deal moves closer to ratification
The United States may approve the new North American free trade deal in seven to 10 days. In a busy morning for international trade, Speaker Nancy Pelosi and Democrats announced their support for the United States Mexico Canada Agreement (USMCA) today. They didn’t commit to a date, but Pelosi said they would try to ratify […] Read more
Replacement for NAFTA agreement reached – again
WASHINGTON/MEXICO CITY, (Reuters) – Canada, Mexico and the United States have agreed to a fresh overhaul of their quarter-century-old regional trade pact after negotiators approved changes to a preliminary deal struck last year, and officials will sign the new agreement on Tuesday. The deal, which still needs the approval of lawmakers in all three countries, […] Read more
North American free trade deal tries not to be caught up in U.S. politics
Whether it’s called NAFTA, as the president of the United States did this week, or USMCA, the North American trade deal needs to move fast if it is going to avoid going slow. “No one can, with a straight face, tell us that Canadian steel and aluminum pose a threat to American national security,” said […] Read more
Dairy standards defended
CALGARY — Canada has agreed in various trade agreements to allow the import of more dairy products from other countries. Some producers wonder what standards are applied to those products, given the high standards expected of Canadian dairy farms and processors. Yves Leduc, trade and policy analyst with Dairy Farmers of Canada, said that question […] Read more
USMCA receives good grade
Foreign Affairs Minister Chrystia Freeland has been praised and pilloried for her negotiation of the new North American Free Trade Agreement, now dubbed the U.S.-Mexico-Canada Agreement. Which does she deserve? University of Lethbridge political science professor Chris Kukucha thinks that Freeland and Canada’s negotiators did reasonably well. “Ultimately what happened here is we get an […] Read more
