Trump calls for a fair trade deal with Canada

His tough remarks were well received in Canada, but the Canadian prime minister was speaking before the world press, including USA media.

"Congress should not interfere w/ these negotiations", Trump tweeted Saturday afternoon, "or I will simply terminate NAFTA entirely & we will be far better off..."

In the news, traders are waiting to hear about a possible escalation of the US-China trade war as a public consultation period on the US administration's intent to impose tariffs on an additional $200 billion of Chinese goods ends today. "You can't fix NAFTA without fixing issues with Canada", said Senator Ron Wyden, the top Democrat on the Senate Finance Committee, which oversees trade. "And every time we have a problem with a point, I just put up a picture of a Chevrolet Impala", he said.

Trump has notified Congress that he intends to sign a trade deal reached last week with Mexico by the end of November and officials said the text would be published by around October 1.

"As a small country, with a small population, up against a giant south of the border, it would be extremely hard for Canadian artists, authors, publishers, etcetera to withstand the onslaught of the American entertainment industry", he said.

The Mexican deal guarantees workers the right to union representation, and insists that 40-45% of cars are made by workers who are being paid at least $16 per hour. I want to make sure we continue to get trade.

"[Canada] and other countries have been taking advantage of the United States for many years and this is the president that has stopped it", Trump told reporters.

Lighthizer laid out his concerns about the issue in his March report to Trump on the trade barriers faced by the United States.

There are also doubts whether the matter could ever become a deal-breaker for U.S. President Donald Trump.

Securing the cultural exemption was a major objective for Ottawa during the negotiations for the original 1988 Canada-U.S. free trade deal.

Data released on Wednesday showed the USA trade deficit hit a five-month high of $50 billion.

Democrats raise alarm over White House decision to withhold Kavanaugh documents
Approximately 267,000 pages of Kavanaugh documents from his time serving Bush will be released with the remaining 100,000 documents remaining classified.

McCain honored with words aimed at Trump
Funeral services for former presidents have been held at the National Cathedral since 1901, according to its website. Those who spoke came to the National Cathedral at Sen. "But you see, with John, it wasn't feigned disagreement".

Eagles confirm Foles will start opener
With that information, it would be impossible to conclude anything than the decision on Wentz was out of the coach's hands. It's expected that whenever he returns to full health, he will start and Foles will go back to being the backup.

Trump then said Canada had until Friday to climb on board-a significant date because Congress needs 90 days' notification to approve a new NAFTA, and Mexico gets a new president at the start of December. To me, that's a sign that negotiations are improving.

Carla Hills, who was the United States trade representative under President George H.W. Bush who negotiated the NAFTA accord, has been one of the most ardent advocates of preserving the breadth of a deal that from the beginning was about more than regulating imports and exports. But "let's keep this partnership together that makes North America the most competitive region in the world", she added.

"An agreement on auto manufacturing has been key to trade talks involving a NAFTA revision".

He called NAFTA "a very stupid deal".

"We are making good progress". "When the NAFTA partnership seems less than permanent, it undermines part of the objective of the deal - which after all was to encourage and secure Mexico's integration into the broader worldwide economy".

Foreign companies seeking relief through Canada's Federal Court of Appeal are often repeatedly coming up empty handed, said Todgham Cherniak, a former federal tax court adviser.

To me, that's another way of saying they'd reached an impasse. Mexico is also taking on a leadership role in the Alliance of the Pacific, a grouping of Latin American countries linked by free markets, while Canada past year struck a comprehensive trade deal with the European Union.

The president said Canada's tariffs on US dairy imports have been excessive over the years and Canada has created "walls" against USA businesses.

Still, many experts say that while the North American partnership won't come out of the current shaking of its foundations unscathed, they are confident that the economic ties and shared values are strong enough to withstand the current buffeting.

Which of these should Canada compromise on to save NAFTA?

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Jose Mourinho not surprised by Manchester United's awful league start
He is still a top player - unless he fails to score this weekend and you tell me he is not a good player anymore!" "I said that [it would be difficult] in the summer before the competition started", said Mourinho.

Washington Pays Tribute To John McCain
If Donald Trump didn't get enough of his baby blimp the first time around , now he has a chance to see it again. Mr Trump's last major trip to Ireland came soon after he bought the golf club.

First real-life images of the no-notch Pixel 3 leaks online
Either way, a Pixel 3 and a Pixel Stand could mean that you won't have to consider a smart display any time soon. It is seen to have dual front speakers, glass and metal back, rear fingerprint sensor, among other things.

Tropical wave could rain on your Labor Day holiday; Florence forming?
The Space Coast may begin to experience enhanced amounts of rainfall starting late Sunday afternoon and into Monday, Labor Day. The hurricane center said the storm has an 80 percent chance of becoming a tropical storm by Saturday .

North's media say Kim vows nuclear-free Korea amid standoff
Kim said he'd take "more active" measures toward denuclearisation if his moves are met with corresponding goodwill measures, Mr. Leaders of North and South Korea have agreed to meet on September 18 to discuss "practical measures" towards denuclearisation.

Tottenham's move into new stadium delayed over safety issues
The NFL game between the Oakland Raiders and Seattle Seahawks set for October 14 will also have to be played at the 90,000 capacity arena.

Who is Donald Trump's 'controversial' Supreme Court nominee?
Perabo took a photo outside of the Supreme Court and quoted the novelist James Baldwin to explain how she felt about her country. Nixon that compelled the president to turn over the Watergate tapes - a ruling that Kavanaugh had previously questioned.

Houston Rockets trade Ryan Anderson, De'Anthony Melton to Phoenix Suns
One major question surrounding the Houston Rockets has been what Ryan Anderson's role would be on the team going forward. Anderson is a sieve defensively, but he's a stretch four who is a career 38.2 percent 3-point shooter.

'Idiot,' 'Unhinged,' A 'Sixth-Grader': Aides Fault Trump In Explosive New Book
During a meeting last July , Trump's national security advisers attempted to "educate" the president on foreign policy. Interestingly enough, Trump did not appear to believe Woodward had any "credibility problems" during their discussion.

Gordon Weakens Over Central Mississippi, Florence Becomes Major Hurricane
Dominic Carlucci drove back to his home on the barrier island in his Hummer, and found no damage, just a sagging wooden fence. The heaviest rain from Gordon will be from the northern Gulf Coast to parts of Arkansas, and will last through Thursday .

Colin Kaepernick leads Nike's 30th anniversary 'Just Do It' ad campaign
The #NFL season will start this week, unfortunately once again @Kaepernick7 is not on a NFL roster. "Believe in something. Even if it means sacrificing everything", reads one of the ads with Kaepernick's face on it.

Nations League round-up: Germany thwarted by Areola
Firstly, results in the Nations League will decide the seeds for December's qualifying draw in Dublin. Each of the four Nations League groups A-D will be guaranteed a qualifying spot.

All are Well Set for the Upcoming Sunday Game
If they are not able to finish the game, then you will get top competitions in this league, said by the linebacker, Alec Ogletree. They have started making plans and on-field preparations for the Sunday game again the New York Giant at the Twickenham Stadium .

Space Station Crew Repairing ‘Micro’ Leak Likely Caused By Meteorite Strike
German astronaut Alexander Gerst initially plugged the hole with his finger, before covering it with duct tape. The crew was never in danger, according to NASA . "Designers believe this is the result of a micro-meteorite".

FNC's Wallace: Only Person Trump Can Blame for Mueller Probe 'Is Himself'
Last week, in an interview with Fox, Trump lashed out at Sessions, saying he failed to take control of the Department of Justice. And according to President Trump's Twitter feed, he's very upset with Sessions.


More News

News
More News