Tuesday, 16 October, 2018

"New NAFTA" Means New Standards For The Auto Industry

Senator Toomey Statement on Proposed U.S. Mexico Canada Trade Agreement Trump and Trudeau agree on a revised NAFTA deal
Laurie Berry | 04 October, 2018, 07:44

It replaces the 1994 North American Free Trade Agreement (NAFTA), which had been called "perhaps the worst trade deal ever made" by US President Donald Trump.

The North American trade war is over!

Conservative MPs repeatedly referred to that clause as a "Trump veto" during question period, while trade experts remained divided on whether that was in fact the case.

On the Senate floor, Senator Rob Portman said that USMCA enables a North American market to be more effective in dealing with some of the trade disputes they have with other parts of the world, most notably China, where there is unfair trade going on.

"Obviously, China is a significant, growing player on global trade".

"So when you're looking at Canadian agriculture, there's a bit of a mix".

Trump had been critical of Freeland the day before at a post-United Nations press conference, taking a shot at Canada's top negotiator during a long diatribe about the NAFTA talks. Chinese leaders bristled at the Trudeau government's progressive trade agenda that includes gender, labour and Indigenous rights.

So, from an Iowa farmer perspective, Secretary Naig and our entire department were really focused on making sure that we've got zero tariff barriers both in Mexico and in Canada.

"I don't really like it", Weekes said of the new "non-market" clause.

Daniel Sturridge vows to 'give everything' for Liverpool and Jurgen Klopp
"I don't know what he did in his preseason but when he came back he was really fit", Wijnaldum said at a news conference. Liverpool come into the game in good form and remain unbeaten in the Premier League . "Even Harry Kane.

Morneau says that's slightly higher than the 3.25 per cent that was agreed to under another deal - the Comprehensive and Progressive Agreement for Trans Pacific Partnership - with 10 countries including Mexico, Japan and Australia.

Talking up the new accord, Trump declared it a "privilege" for foreign powers to do business with the US.

He said Canada did not simply accept "any deal".

"Converting NAFTA to a bilateral agreement between the US and Mexico was always a non-starter in Congress and would have dramatically undermined the benefits from our current, longstanding continent-wide free trade zone".

U.S. Rep. Joaquin Castro, D-Dist.

But she also notes that the prices that dairy farmers get on their products is due to a range of factors, including the fact that there has been a decline in fluid milk consumption by USA consumers.

While some Wisconsin farmers are happy about the new trade deal President Trump negotiated with Canada and Mexico, others are skeptical.

Under the agreement, Canada would drop its Class 7 pricing system, in which that country prices milk ingredients such as powdered and skim milk at a lower cost than butter.

"In some countries, including Canada, a tax on cars would be the ruination of the country".

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