Rebooting Canada’s failed NAFTA strategy

By Danny Lam, Research Associate Environment & Security, University of Waterloo. Canada’s NAFTA strategy is in big trouble. Prime Minister Justin Trudeau is seen here meeting with U.S. President Donald Trump in the Oval Office of the White House in February 2017. (THE CANADIAN PRESS/Sean Kilpatrick) Canada’s NAFTA strategy is in trouble, to the extent that… Please follow and like us:

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How Free Trade Helps Americans Have Higher Incomes and More Jobs

The Trump administration continues to move on its campaign promise to restructure the North American Free Trade Agreement, with round five of NAFTA negotiations starting last week. In the heat of the discussions between officials from the United States, Canada, and Mexico, it’s easy to lose sight of the benefits that free trade affords all Americans.… Please follow and like us:

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NAFTA negotiators hold new talks amid fears of collapse

After three months of thorny negotiations, fears of a breakdown are hanging in the air as the US, Mexico and Canada begin new talks on the North American Free Trade Agreement Friday. The fifth round of talks on updating the 23-year-old deal will be a low-key affair, with the top trade officials from all three countries… Please follow and like us:

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Canadians have mixed feelings about free trade with nation: Report

Canadians see both opportunities and challenges associated with a possible Canada-China Free Trade Agreement (FTA), according to the results of public consultations by the Canadian government. Canadians recognize the significant opportunities for Canadian businesses and consumers offered by the Chinese market, and the importance of China for the future of the global economy, according to a… Please follow and like us:

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Which will it be, GOP? Patriotism or globalism?

Donald J. Trump made opposition to free trade a potent instrument for vanquishing his foes and capturing the White House in 2016. Candidate Trump thundered against NAFTA (the North American Free Trade agreement) and vowed to scrap TPP, the TransPacific Partnership, aka Obamatrade. Blue collar Democrats deserted their party in droves, marched beneath his ensign, and… Please follow and like us:

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Trump administration to impose duties on Argentina’s major export

WASHINGTON — The Trump administration will impose substantial trade penalties on a critical export for Argentina, delivering a significant blow to one of President Donald Trump’s few friends in the hemisphere. According to two people familiar with the plans, the Commerce Department will announce aggressive anti-dumping duties on biodiesel imports as soon as Friday. That would… Please follow and like us:

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How the Media Use Experts to Fool Readers on ‘Free Trade’

The Washington Post and Reuters earlier this month reported on the future of the North American Free Trade Agreement and consulted two of the mainstream media’s favorite think tanks on trade — The Woodrow Wilson Institute and the Peterson Institute for International Economics. What they didn’t mention in their articles was that both organizations take large… Please follow and like us:

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NAFTA needs to be renegotiated

America’s trade negotiators are now in the process of crafting a 2.0 update of the 1994 North American Free Trade Agreement (NAFTA). Fortunately, it now appears that Donald Trump’s intention on NAFTA is to mend it, not end it. The trade deal has been a stunning economic success for all three nations: Canada, Mexico and the… Please follow and like us:

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Wall Street shifts to tuning out most Trump rhetoric

President Donald Trump, a big presence over Wall Street when he first took office with tweets targeting individual companies, appears to be losing much of his ability to move markets. Investors are increasingly shrugging off the US president following a string of outrageous statements and legislative setbacks, analysts said. “It gets to a point where it… Please follow and like us:

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Energy, trade, regulations: All connected

Candidate Trump laid out a four-point program of tax reform, trade reform, regulatory reform and energy reform for jump-starting the American economy. President Trump is making good on his promise, though you’d never know it by watching corporate media fake news: He’s put forward a proposal for reforming our stultifying, byzantine tax code. He withdrew from… Please follow and like us:

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Trump touts economic development bill ‘nobody knows about’

WASHINGTON — President Donald Trump said he has an economic development bill, “which nobody knows about,” that would provide incentives to keep companies in the U.S. and “severely” penalize them if they move offshore. “It’s both a carrot and a stick,” Trump said in an interview with Forbes that appeared online Tuesday. “It is an incentive… Please follow and like us:

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Analysis: Analysts pan Boeing strategy in pushing for tariffs on Canada’s smaller jet

SEATTLE — Leading aerospace analysts are being highly critical of Boeing’s push to impose steep tariffs on U.S. sales of Bombardier’s small CSeries passenger jet, saying the case will damage the long-term interests of both Boeing and the U.S. aerospace industry. “The free market and free competition are good for us,” said Adam Pilarski, a senior… Please follow and like us:

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Difficult NAFTA round three set to start in Canada

The third round of talks on revamping NAFTA, which start Saturday in Ottawa, are expected to be punishing as diplomatic tensions mount. Over the course of a week, negotiators will hammer out details of the broad proposals submitted by some 20 working groups during the previous round of talks on the North American Free Trade Agreement… Please follow and like us:

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NAFTA talks moving at ‘warp speed,’ US trade rep says

Negotiators are moving swiftly to revamp the North American Free Trade Agreement but the outcome remains uncertain, US Trade Representative Robert Lighthizer said Monday. “We’re moving at warp speed but we don’t know whether we’re going to get a conclusion,” he said. The remarks following a speech on trade policy came days ahead of the third… Please follow and like us:

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Amazon Plans Mega-Warehouse for Mexico Growth Spurt

Amazon.com Inc. is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry. The new warehouse is slated to be built in the Tepotzotlan municipality about 25 miles (40 km) north of the Mexican capital, according… Please follow and like us:

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