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Mexico, Canada Said To “Firmly Reject” US NAFTA Proposals

It appears that Trump’s attempt to ram through a sweeping NAFTA renegotiation is about to hit its first major roadblock: according to CNBC, top trade negotiators from Canada and Mexico will meet Tuesday with the U.S. Trade Representative, Robert Lighthizer, and firmly reject the U.S. proposals floated in the current round of NAFTA negotiations, citing […]

US Proposes “Sunset Clause” That Would Kill NAFTA After 5 Years

After President Donald Trump said Wednesday that the US would be open to striking bilateral trade agreements with Mexico and Canada if the three neighbors can’t come to an agreement on Nafta, Bloomberg is reporting the administration's negotiators have proposed a “sunset clause” that would see the North American Free Trade Agreement expire after five […]

Trade War Escalates After US Slaps Canada’s Bombardier Jet With 220% Tariff

The fourth round of Nafta talks began in Ottawa over the weekend, and as US Trade Rep Robert Lighthizer and his Mexican and Canadian counterparts scramble to produce a deal by the end of the year – a self-imposed, “soft” deadline – Boeing inflamed trade tensions by winning a decision to slap a massive tariff […]

Latest NAFTA Talks End In Disappointment As Attendees Question Lack Of U.S. Engagement

President Trump has threatened a quick termination of NAFTA a countless number of times, with the latest coming just last weekend via twitter: We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada.Both being very difficult,may have to terminate? — Donald J. Trump (@realDonaldTrump) August 27, 2017 Of course, […]

Peso Tumbles After Mexico Hints May Balk On NAFTA, “Preparing Alternatives”

Mexico’s Economy Minister Ildefonso Guajardo sent the Mexican peso reeling Thursday afternoon after he hinted Mexico may balk on trade talks with the US, telling lawmakers from Mexico’s ruling PRI that Mexico’s trade representatives would not negotiate with the US “under threat,” highlighting the intensifying tensions between the US, Mexico and Canada a day before […]

China Slams Trump’s “Trade War” Announcement, Says It Is A Distraction From “Domestic Turmoil” In The U.S.

Today at 3pm, President Trump will sign a memo addressing “China’s laws, policies, practices, and actions related to intellectual property, innovation, and technology” effectively launching the first shot in what many predict will blossom into an all-out trade war with China. As discussed over the weekend, administration officials said Saturday that memo will direct U.S. […]