MercoPress, en Español

Montevideo, July 23rd 2018 - 04:12 UTC

Tag: NAFTA

  • Wednesday, April 18th 2018 - 08:51 UTC

    NAFTA round of negotiations expected to resume this week

    Guajardo said that if the US imposed steel tariffs, Mexico might seek to mirror the move against some countries to prevent them from using Mexico to elude the duties.

    The ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican Economy Minister Ildefonso Guajardo advanced. Guajardo said he had spoken to Canadian Foreign Minister Chrystia Freeland on Monday and would talk to U.S. Trade Representative Robert Lighthizer to see about agreeing a trilateral meeting in Washington on Thursday.

  • Thursday, March 8th 2018 - 09:39 UTC

    Trump ready to sign metals' tariffs on Thursday; Mexico and Canada could be spared; Republicans object

    “We expect the president will sign something this week, and there are potential carve-outs for Mexico and Canada” press secretary Sarah Huckabee Sanders said

    Some countries are now likely to be spared from planned tariffs on metals advocated by U.S. President Donald Trump. White House sources said Trump's controversial tariff plan could be put into action at a signing ceremony on Thursday afternoon.

  • Friday, February 23rd 2018 - 09:21 UTC

    Mexico buying more Brazilian corn over concern with NAFTA negotiations

    Mexican buyers imported a total of more than 583,000 metric tons of Brazilian corn last year – a 970% jump over 2016, shows data from Mexico’s SIAPm Mexico’s SIAP

    Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low grains prices and the rising competitive threat from South America.

  • Saturday, February 17th 2018 - 09:29 UTC

    Canada will begin free trade talks with Mercosur in Paraguay on 9 March

    Trade Minister Francois-Philippe Champagne is set to arrive in Paraguay on March 9 to launch talks with Mercosur

    The Canadian government plans to open free trade talks with the four-nation Mercosur trading bloc in South America at a time when the future of NAFTA is facing increasing uncertainty. Canada sends around 75% of its goods exports to the United States and is looking for new markets to reduce the reliance on its southern neighbor.

  • Thursday, January 11th 2018 - 09:48 UTC

    Canada accuses US of breaking international trade rules; files complaint with WTO

    The action comes amid disputes between the two countries over areas such as dairy, aircraft sales and lumber as well as efforts to renegotiate the NAFTA agreement

    Canada has filed an expansive complaint with the World Trade Organization accusing the US of breaking international trade rules. The complaint challenges the ways that the US investigates products for subsidies and below-cost sales. As expected the US called the claims “unfounded”.

  • Thursday, June 30th 2016 - 13:32 UTC

    A harmonious NAFTA Tres Amigos Summit pledges to combat protectionism and xenophobia

    Presidents Peña Nieto,Canadian PM Justin Trudeau and Obama finalized their reconciliation with the first North American leaders' summit since 2014

    United States, Canada and Mexico on Wednesday in Ottawa held their first summit after years of aloofness and held themselves up as an example against growing protectionist tendencies around the world.

  • Thursday, February 20th 2014 - 04:11 UTC

    North American partners meet to celebrate NAFTA 20 years, but the agenda has many frictions

    The three leaders pose for the family picture at Toluca

    US President Barack Obama joined the Mexican and Canadian leaders Wednesday for a North American summit focused on trade but marked by friction between the “three amigos”. Mexican President Enrique Peña Nieto shook hands with Obama in an ornate state government palace in Toluca, near Mexico City, for private one-on-one talks before Prime Minister Stephen Harper joined them later.

  • Friday, December 20th 2013 - 06:28 UTC

    US planning a new trade agreement with Latam, but through NAFTA

    The initiative was revealed by Secretary of State John Kerry to Andres Oppenheimer from the Miami Herald

    The President Barack Obama administration is “exploring” a regional trade plan for the Americas that would be the most ambitious hemispheric initiative in years, but contrary to the failed experience of George Bush's FTAA (Free Trade Area of the Americas), this time it would be instrumented through Nafta (North American Free Trade Agreement) partners Mexico and Canada, according to a Miami Herald interview of Andres Oppenheimer with Secretary of State John Kerry.

  • Tuesday, June 12th 2012 - 19:42 UTC

    The Pacific Alliance, yet another bloc in Latin America

    The four Pacific presidents celebrate the Alliance

    The newly-formed Pacific Alliance bloc seems more like a political club to counterbalance the Atlantic-facing, Brazil-led Mercosur group. However, the bloc accounts for 30% of India’s trade with Latin America. Can India engage the group so it is not left out from their Asia focus?