Donald Trump refuses to commit to trade pact — NAFTA

USA Trump und Trudeau im Weißen Haus | NAFTA

USA Trump und Trudeau im Weißen Haus | NAFTA

The U.S. Chamber of Commerce has warned against so-called "poison pill" proposals by the U.S., including the sunset clause.

The pomp and circumstance that greeted Trudeau at the airport was followed by a sombre wreath-laying ceremony at a monument commemorating Mexico's efforts to beat back an American invasion in the 1850s - an apt image as both Canada and Mexico now contemplate how to withstand new USA strong-arming efforts over trade.

North American Free Trade Agreement negotiators are set to cover the hard issue of government procurement on Thursday as they try to revamp the pact that U.S. President Donald Trump has threatened to terminate. "So we'll see what happens with NAFTA", Trump said, adding that it "has to be fair to both countries".

"I think it's been clear that circumstances are often challenging, and we have to be ready for anything — and we are", Trudeau said.

Mexico's foreign relations secretary says his country won't accept "limited, managed trade", an apparent reference to demands for higher U.S. and regional content rules on products like auto parts.

Jessica Chambers Murder Case 1st Days Trial
Records showed that her client was buying a Green Dot card 5 miles away at the time of the crime, she said. First responder Cole Haley , Chief of Courtland Fire Department, recalled arriving at the scene.

The figure is dwarfed by their trade with the United States: more than $480 billion previous year for Mexico and more than $540 billion for Canada. Mexico strongly opposes such a move, which would damage its own auto industry.

Andres Rozental, a former Mexican deputy foreign minister involved in the original NAFTA talks, said Ottawa had assumed traditionally close ties with the United States would insulate them from problems with NAFTA.

NAFTA negotiators face tough new US demands to increase regional content for autos to 85 percent from 62.5 percent, with 50 percent from the United States, according to people briefed on the plan. Scheduled talks in this session have been extended by two days to Tuesday.

Many in Mexico have said that it is better to move forward without a trade agreement than to "submit to an evil agreement".

The U.S. side sees strengthening the rules of origin for the auto industry as a way to bring back automotive production and jobs from Asia.

Airtel, Karbonn launch 4G smartphone at Rs 1399: Here are the details
The customer does not need to return the smartphone to either Airtel or Karbonn at any point as the ownership is with them only. Now if I talk about the phone, Karbonn A40 Indian comes with 4-inch WVGA touch display and runs on Android Nougat.

Meanwhile, a veteran Mexican diplomat has expressed fears about the possibility that NAFTA could be ditched in favour of bilateral agreements, an issue raised by Trump as well. Trudeau said he was still optimistic about modernizing the trade deal and the Canadian Dollar has stabilized over the last few sessions, helped by a weaker greenback.

Chris Sands, a professor at the Nitze School of Advanced International Studies at Johns Hopkins University, said Canada's problems marked "a new era of tough love" with Washington.

Luis Videgaray said "we have to be prepared to say no, and if necessary to get up from the table and if necessary leave the treaty".

"These will be met with widespread opposition from Canada and Mexico".

Corker On Trump Lying: 'Everyone Knows He Does It'
Bob Corker is apparently still on, based on the new nickname the president bestowed upon Corker Tuesday morning. Even after Trump won, Corker was on the list of possibilities for Secretary of State.

Recommended News

  • Barca: We'll be back for Coutinho

    Barca: We'll be back for Coutinho

    Cristiano Ronaldo and Barcelona's Lionel Messi are the only two players to have won the Ballon d'Or since 2008. We are putting all the resources of the club [to improve the squad].
    Anupam Kher appointed new FTII chairman, replaces Gajendra Chauhan

    Anupam Kher appointed new FTII chairman, replaces Gajendra Chauhan

    So, I think he will be able to handle it quite nicely. "As a student I can say his mentoring has been a boon". He was also the chairman of the Central Board of Film Certification and the National School of Drama.
    FICA media release regarding T20 Global League (South Africa)

    FICA media release regarding T20 Global League (South Africa)

    CSA's decision leaves a six-week gap in the peak summer season with no cricket in South Africa, as a separate window was created for the T20GL 2017.
  • If NFL had suspended Kaepernick we wouldn't have 'a problem'

    If NFL had suspended Kaepernick we wouldn't have 'a problem'

    Trump has been tweeting about this issue every day of the week, multiple times a day. "And you would never have had a problem". I do, however, care a lot about being able to freely express oneself through free speech or the right to voice one's opinion .
    Bank of Nova Scotia Buys 9202 Shares of Valero Energy Corporation (VLO)

    Bank of Nova Scotia Buys 9202 Shares of Valero Energy Corporation (VLO)

    The Company's divisions include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems. The expected VLO's profit could reach $693.48M giving the stock 12.28 P/E in the case that $1.57 earnings per share is reported.
    A Nintendo Game Boy Classic could be the next retro redo

    A Nintendo Game Boy Classic could be the next retro redo

    Though we wouldn't object to a Game Boy Classic Mini at all, there are some limitations to it. Now the Japanese giant has apparently trademarked the design of the 1989 Game Boy handheld.
  • Disney puts off Jack and the Beanstalk fairy tale

    Disney puts off Jack and the Beanstalk fairy tale

    Originally set for a 2018 release before it was pushed to 2020, the project is a very rare cancelation for the studio. Instead Disney Animation is pursuing another project for that release date, the details of which are still TBD.
    Danny Rose prefers Man Utd move over Chelsea

    Danny Rose prefers Man Utd move over Chelsea

    But after five months of rehabilitation he returned to first-team training this week and is understood to be feeling good. While Danny Rose is only just returning from injury the news is still not great for Spurs fans.
    Andy Cohen replaces Kathy Griffin on CNN's New Year's Eve show

    Andy Cohen replaces Kathy Griffin on CNN's New Year's Eve show

    Cohen and Cooper regularly tour together, hosting a night of conversation in various cities throughout the country. Griffin later told The Cut that the friendship was over because the reporter took too long to reach out.
  • Uttarakhand cuts Value-Added Tax  on petrol, diesel by 2 percent

    Uttarakhand cuts Value-Added Tax on petrol, diesel by 2 percent

    The Gujarat Government earlier used to charge 24 per cent Value-Added Tax onpetrolanddieselandan additional 4 per cent cess. The state government's dependence on off-budget borrowings to fund big-ticket infrastructure projects has risen.
    Facebook, Instagram down in parts of US & Europe

    Facebook, Instagram down in parts of US & Europe

    About 51 percent said they are having issues with their news feed, while 25 percent say they are having trouble logging in. Just after 11:00am EST, parts of the US , mostly the East and West Coasts, and Europe starting suffering Facebook outages.
    NFL's Josh Gordon Comes Clean About Marijuana Usage

    NFL's Josh Gordon Comes Clean About Marijuana Usage

    However, Gordon also revealed that while at Baylor, the school would help him cheat drug tests. The Browns do still hold his rights.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.