NAFTA

Stories 1 - 20 |  Next >>

Trump: New NAFTA Name Has a 'Good Ring to It'

It's U-S-M-C-A

(Newser) - America's free trade pact with Mexico and Canada may be alive, but the same can't be said for the NAFTA moniker. Once the new deal was arrived at Sunday night its new name was announced : the United States-Mexico-Canada Agreement, or USMCA. President Trump weighed in on the name... More »

New NAFTA Deal Forged Just Before US Deadline

Canada will be part of 'USMCA'

(Newser) - Canada and the United States reached a deal Sunday night for Canada to stay in a free trade pact with the US and Mexico. In a joint statement late Sunday, US Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland said the agreement "will strengthen the middle... More »

Trump Claims He Rejected Trudeau's Meeting Request

No meeting was requested, Canadians say

(Newser) - Canada, and Prime Minister Justin Trudeau in particular, were among President Trump's many targets in his freewheeling press conference Wednesday. Trump claimed that he had rejected a one-on-one meeting with Trudeau at the United Nations this week because talks to renegotiate the NAFTA deal are not going well, the... More »

Trump Peeved After His Off-the-Record Comments Leak

'Toronto Star' ran the remarks Friday

(Newser) - The Toronto Star proclaims them "secret bombshell remarks": off-the-record comments President Trump made about Canada in an interview with Bloomberg News on Thursday that were leaked to the Star. Per the leaked remarks published Friday, the president was discussing negotiations with Canada on a trade deal that could replace... More »

US, Canada Fail to Agree on NAFTA; Markets Unfazed

Talks expected to resume next week

(Newser) - Stocks hardly budged on Wall Street as the US and Canada were unable to complete a trade deal, per the AP . The US Trade Representative said Friday that the two sides would continue negotiating next week on a new deal to replace the NAFTA trade accord, which also includes Mexico.... More »

Trump Warns Canada as He Strikes a Deal With Mexico

President wants to replace NAFTA, says Canada might be left out

(Newser) - The Trump administration and Mexico have reached a preliminary accord to end the North American Free Trade Agreement and replace it with a deal that the administration wants to be more favorable to the United States, per the AP . President Trump, in announcing the tentative agreement Monday at the White... More »

Trudeau: Mike Pence's Demand Sank NAFTA Talks

French president Emmanuel Macron says Trump tariffs are a mistake

(Newser) - Justin Trudeau says he was ready to fly to Washington to make a deal on NAFTA—until Mike Pence made a demand that he had no choice but to reject. The Canadian prime minister says the vice president told him there would have to be a "sunset clause" guaranteeing... More »

China, Japan Slam Trump Move on Auto Tariffs

Beijing will 'firmly defend' its rights

(Newser) - On Thursday, China and Japan both condemned the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. China's Commerce Ministry said Beijing would "firmly defend" its rights and interests against what it called... More »

Trump Hits Mexico Again: 'Our Country Is Being Stolen!'

President calls on Democrats to agree to tougher border laws

(Newser) - President Trump unleashed a Twitter attack on Mexico over the weekend, and he picked up right where he left off on Monday morning. In multiple tweets, Trump said Mexico must do more to stop "caravans of people" heading into the US, blasted Democrats for weak border laws, and again... More »

No More Drugs or I'll Nix NAFTA, Trump Warns Mexico

Nation must 'stop the big drug and people flows, or I will stop their cash cow,' president says

(Newser) - President Trump took to Twitter on Sunday to issue a warning to America's neighbor to the south. "Stop the big drug and people flows, or I will stop their cash cow, NAFTA," Trump wrote, as CNBC notes, before he explicitly linked the renewed trade negotiations to his... More »

Trump's Tariff Surprise Now Has NAFTA Link

He says Mexico, Canada can avoid new taxes by renegotiating trade pact

(Newser) - President Trump suggested Monday that his plan to impose hefty tariffs on steel and aluminum might have some wiggle room, at least for Mexico and Canada. In morning tweets, Trump said the two nations could avoid the tariffs by giving ground in ongoing NAFTA negotiations, reports the Wall Street Journal ... More »

US Demands Big Changes as NAFTA Talks Begin

'We believe NAFTA has fundamentally failed many, many Americans'

(Newser) - The United States won't settle for cosmetic changes to the North American Free Trade Agreement, the top US trade negotiator said as negotiations to rework terms of the pact began Wednesday. President Trump has called the 23-year-old trade pact the "worst" in history and vowed to fix it—... More »

Trump Says He Thought Being President 'Would Be Easier'

'I loved my previous life,' he says

(Newser) - President Trump has been the most powerful person in the world for almost 100 days, and he seems to be finding it kind of a drag, according to a Reuters interview. "I loved my previous life. I had so many things going," Trump said in what Reuters describes... More »

Trump Not Pulling Out of NAFTA 'at This Time'

He says he's going to renegotiate trade pact

(Newser) - President Trump will not be adding "scrapping the North American Free Trade Agreement" to his list of accomplishments in his first 100 days. After reports that Trump was planning an executive order for US withdrawal from NAFTA, the White House issued a statement Wednesday evening saying Trump has "... More »

As Trump Takes Stage, Mexico's Peso Tanks

Already in freefall, uncertainty causes peso to hit an all-time low

(Newser) - The Mexican peso hit an all-time low against the dollar Wednesday shortly after President-elect Donald Trump took the stage, reports Reuters , falling to 22 pesos on the dollar. The peso was already in freefall, dropping 2% on Tuesday and almost 16% against the dollar since Trump's election victory amid... More »

Fact-Checkers Weigh In on Debate

Clinton hasn't fought ISIS her 'entire adult life'

(Newser) - The first presidential debate was a busy night for the fact-checkers—who were asked to "get to work" by Hillary Clinton after Donald Trump said she had been fighting ISIS her "entire adult life," the Los Angeles Times reports. ISIS, in fact, first emerged in 2004 as... More »

Trump Threatens to Scrap NAFTA

Canada, Mexico 'so used to having their own way'

(Newser) - The British aren't the only ones who want to rip up trade deals. Donald Trump, speaking at an aluminum scrap company in Pennsylvania on Tuesday, slammed the NAFTA pact with Canada and Mexico and warned that as president, he will either seek a better deal or scrap the deal... More »

Top GOP Fundraiser Mosbacher Dead at 82

Bush 41's commerce secretary helped grease the skids for NAFTA

(Newser) - Robert Mosbacher, a legendary GOP fundraiser who served as George HW Bush's commerce secretary, died of cancer today in Houston. The multimillionaire oilman was 82. Mosbacher, an influential NAFTA proponent, was "the shrewdest dealmaker I ever knew," Bush, a friend of half a century, said in a statement.... More »

Canada to US: Are We Still Friends?

American protectionism worries our northern neighbor

(Newser) - Canada’s biggest problem now also happens to be its best friend: America. PM Stephen Harper once worried that Canada’s “special relationship” with the US had been lost under George W. Bush—and it hasn’t improved a bit under Obama, writes Luiza Ch. Savage in Macleans. Not... More »

'Three Amigos' Summit May Not Be So Amicable

Canada, Mexico both angry about Obama protectionism

(Newser) - President Obama is headed to Guadalajara today for his first "Three Amigos" summit with the leaders of Canada and Mexico, but the meeting may be less than completely friendly. Trade and drug trafficking will dominate the agenda, and the leaders have some grievances they plan to press, reports Reuters.... More »

Stories 1 - 20 |  Next >>

AROUND THE WEB