The fifth round of North American Free Trade Agreement talks starts Wednesday in Mexico City, two days earlier than initially scheduled. It’s the first meeting on Manufacturing in Mexico since U.S., Mexican and Canadian negotiators extended talks to March and added more time between sessions, abandoning Trump’s previous deadline. U.S. Trade Representative Robert Lighthizer capped the […]
USMCA
How much would products cost if they were made in the US? – Business Insider
In his first address since his victory speech — a two-and-a-half minute YouTube video posted November 21 — President-elect Donald Trump dove right into the issue of trade. On his first day in office, Trump said, he plans to “issue a notification of intent to withdraw from the Trans-Pacific Partnership, a disaster for our country.” Free […]
Auto Industry Declares War on Trump Over NAFTA
We’re winning with NAFTA,” declared a newly formed coalition, Driving American Jobs, on its website. Comprised of automakers including General Motors, Toyota and Volkswagen, as well as the American International Automobile Dealers Association and the Motor & Equipment Manufacturers Association, the campaign has been emphasizing the benefits of NAFTA, aiming to counter the perception played […]
Kansas Sen. Pat Roberts: The Importance of Free Trade
President Donald Trump, as one of his first executive actions after the January inauguration, ordered a renegotiation of the North American Free Trade Agreement. “The worst trade deal maybe ever signed anywhere,” he called NAFTA last year. But Kansas Sen. Pat Roberts has told the president on three occasions, he said, about the importance of […]
The core issue of low Mexican wages is the key to breaking the impasse at NAFTA renegotiations
Unifor National President Jerry Dias and U.S. Secretary of Commerce Wilbur Ross have agreed that addressing the core issue of low Mexican wages is the key to breaking the impasse at NAFTA renegotiations. “There is a clear understanding that Canadian and American workers have both been injured by the siphoning off of manufacturing jobs to […]