NAFTA

As Trump takes victory lap, Canada begins USMCA approval

President Trump led a 37-minute celebration of the new NAFTA on Wednesday, signing the United States-Mexico-Canada Agreement on the White House lawn during a ceremony packed with laudatory descriptions of the “very, very special” tri-national free trade agreement.

Senate to give Trump a trade victory days before impeachment trial

In a sudden legislative speed-up, Majority Leader Mitch McConnell said on Tuesday the Senate will pass the United States-Mexico-Canada Agreement before the end of this week, a trade victory for President Trump days before an impeachment trial begins. The “new NAFTA”  would bring modest …

House to start ‘new NAFTA’ on its way to reality

The Democratic-controlled House is set to approve one of President Trump’s top priorities today — an updated North American trade pact — a day after impeaching him. The Senate is not expected to give final congressional approval to the United States-Mexico-Canada Agreement until early next year.

A deal on USMCA, but final approval will wait until 2020

U.S. farmers and ranchers would see modest gains in food and agriculture exports under the revised North American trade agreement announced by the White House and House Democrats on Tuesday, the same day the House moved closer to impeaching President Trump. Farm groups called for speedy …

Kudlow says ‘no arbitrary deadlines,’ but a Sino-U.S. trigger date is near

China said it would waive import tariffs on some shipments of U.S. soybeans and pork in a goodwill gesture hours before White House economic adviser Larry Kudlow said the two nations were close to an interim agreement on the trade war. "No arbitrary deadlines," said Kudlow, but the Trump administration has set Dec. 15 as the date for higher duties on $160 billion of consumer goods made in China.

House Democrats stress USMCA enforcement in meeting with Trudeau

The House Democratic task force on the so-called new NAFTA “has made substantial progress” with U.S. trade representative Robert Lighthizer on modifications to the tri-national agreement, said a statement from the Ways and Means Committee on Wednesday.

Pence tells Iowa, ‘I came … to turn up the heat’ on USMCA

Time is running short for President Trump to win congressional approval of the United States-Mexico-Canada Agreement this year, with lawmakers set to work just eight weeks before adjourning in early December. Vice President Mike Pence called on House Democrats on Wednesday to set aside their “partisan impeachment” inquiry and approve the USMCA.

Impeachment inquiry casts shadow on ‘new NAFTA’

President Trump is creating instability in the farm sector with his periodic threats to withdraw from NAFTA, said the senior Democrat on the Senate Agriculture Committee. Also at an Agriculture hearing on Wednesday, farm groups called for speedy passage of the United States-Mexico-Canada Agreement, which has been put in doubt by the opening of an impeachment inquiry in the House.

Trump: USMCA vote will be ‘very bipartisan’

On Thursday, with Canadian Prime Minister Justin Trudeau seated at his side, President Trump predicted a “very bipartisan” vote in Congress for adoption of the so-called new NAFTA, though when the House will vote on the trade pact is unclear.

Mexico ratifies USMCA; Trudeau and Trump to discuss pact today

Mexico’s Senate ratified the “new NAFTA” on a 114-4 vote on Wednesday, making Mexico the first country to approve the free trade agreement. Prime Minister Justin Trudeau of Canada is to meet President Trump at the White House Thursday to discuss the path forward on the pact.

Some ‘plussing up’ needed before White House seeks USMCA vote

U.S. trade representative Robert Lighthizer said he was in discussions with House Democrats about “plussing up” the new NAFTA and shied away on Tuesday from suggesting when the White House will ask for a vote on it. Senate Finance chairman Chuck Grassley told reporters that he hoped for …

Mexico to buy ‘large quantities’ of U.S. ag exports, says Trump

Without providing details, President Trump said on social media over the weekend that Mexico, the largest U.S. food and ag trade partner, would "immediately begin buying large quantities of agricultural product from our great patriot farmers." Purchases were not mentioned in a joint declaration by the North American neighbors to avert temporarily Trump's threat to impose tariffs on all imports from Mexico unless it acted to restrict crossings at the southern U.S. border.

White House starts the march to a vote on the new NAFTA

U.S. trade representative Robert Lighthizer sent a letter to congressional leaders on Thursday to trigger the process of approving the new NAFTA. The draft of a so-called statement of administrative action allows the Trump administration to submit the trade deal to Congress within 30 days.

Pence goes to Canada, looking for a sprint to the new NAFTA

Vice President Mike Pence and Canadian Prime Minister Justin Trudeau are scheduled to confer today in Ottawa on what could be a summertime sprint in both countries to ratify the USMCA trade agreement.

China a factor as U.S., Mexico, Canada agree to remove tariffs

The three largest countries in North America announced an end to the 11-month battle of tariff and retaliatory tariff that pinched U.S. farm exports to Canada and Mexico, the two largest customers in the world in the for the goods. The agreement, which took effect over the weekend, improved the prospects for ratification of the new NAFTA and altered the dynamics of the Sino-U.S. trade war.

U.S. vote on the new NAFTA could slip to late 2020, says Grassley

The Sino-U.S.trade war has pushed the new NAFTA, a pact that Canada, Mexico and the United States back with varying degrees of enthusiasm, into the shadows on Capitol Hill. Senate Finance chairman Chuck Grassley said on Tuesday that a vote on the free trade agreement could be delayed for a year …

Report: The ‘new NAFTA’ will boost ag exports by 1.1 percent

U.S. food and agricultural exports would increase by $2.2 billion, or 1.1 percent, with full implementation of the United States-Mexico-Canada Agreement, the successor to NAFTA, said the U.S. International Trade Commission in a report issued Thursday.

U.S. farm products likely targets as Canada refreshes tariff list

Canada could soon propose retaliatory tariffs on "a significant number of agricultural products," including U.S. wine, pork, apples and ethanol, as part of its campaign for removal of American tariffs on steel and aluminum, said ambassador David MacNaughton on Monday. The food and ag products would be part of a "refreshed" list of tariffs that originally took effect last July 1.

 Click for More Articles