The United States House of Representatives overwhelmingly approved a new North American trade deal on Thursday that includes tougher labor and automotive content rules but leaves US$1.2 trillion in annual United States-Mexico-Canada trade flows largely unchanged.
Japan's government on Friday approved an eighth straight annual increase in defense spending to a record high as it buys US-made stealth fighters, interceptor missiles and other equipment to counter military build-ups by North Korea and China.
The US Congress voted on Thursday to raise the minimum age to buy tobacco and e-cigarettes from 18 to 21 across the country, a move intended to stem the rising tide of youth vaping.
US President Donald Trump was impeached in a historic vote in the House of Representatives on Wednesday, setting up a Senate trial on removing him from office after three turbulent years.
Mexico’s trade negotiator for North America said that Mexico categorically opposes allowing foreign labor inspectors to operate in the country, saying that was not contemplated in the recent agreement with Washington and Ottawa on the USMCA pact to replace the North American Free Trade Agreement.
US President Donald Trump and his Paraguayan colleague Mario Abdo Benítez Friday discussed in Washington a free trade agreement with Mercosur as well as other items of mutual interest, including beef import/exports and the crisis affecting various countries in South America.
The United States have reached a phase one trade deal with China, unofficial White House sources leaked to the press Thursday, pending approval from President Donald Trump.
Lima and Washington are in the final stages of talks on a deal to promote American investments in Peru as part of a U.S. initiative to counter Chinese influence in the region, Peruvian diplomatic sources said.
The South American four-nation trade bloc Mercosur began a tense meeting on Wednesday reeling from US steel and aluminium tariffs and a spat between its two biggest members. Foreign ministers of Brazil, Argentina, Paraguay and Uruguay opened the two-day meeting in the southern Brazilian town of Bento Goncalves, paving the way for a head of state summit on Thursday.
Codeshare agreements signed this week by three LATAM Airlines Group affiliates with new partner Delta Air Lines aim to improve connectivity between the Americas. The agreements were signed December 2 with LATAM affiliates in Peru, Colombia and Ecuador and are due to start in the first quarter of 2020, subject to regulatory approval.