Monday, 25 June, 2018

Mexico Delays Nafta Cars Counteroffer as US Consults Industry

U.S. Trade Representative Robert U.S. Trade Representative Robert
Orlando Vargas | 11 March, 2018, 04:15

In a tweet Monday, he doubled down on his proposal, tying it to ongoing renegotiation of the North American Free Trade Agreement (NAFTA) with Canada and Mexico, two of America's largest steel and aluminum traders.

Acknowledging the fears that Trump's surprise announcement last week could spark a trade war, Mnuchin also hinted that the final implementation may address some of the issues. I'd say, 'We're prepared to proceed very, very fast.

"He does understand the potential impacts it has on the economy".

Trump announced March 1 that the United States planned to impose 25 percent of tariff on steel imports and 10 percent for aluminum, as these imports threaten the US national security. In fact, Canada's ambassador to the USA even corrected Trump when the president made the same claim in December - citing U.S. data.

U.S. Offers to Waive Steel Tariff from CanadaUSAgNet - 03/07/2018U.S.

'To the extent that we're successful in renegotiating NAFTA, those tariffs won't apply to Mexico and Canada, at a House hearing Tuesday. He noted that Mexico has presidential elections in July, the US faces midterm elections, and Canada has elections in Ontario and Quebec.

Now we know the bottom line of this trade strategy: I'm bigger, so give me your lunch money.

In Lighthizer's view, negotiators have made only minimal progress on the most divisive issue, auto manufacturing.

But just a few hours later, representatives of the three countries appeared unfazed by Trump's tirade as they closed the latest round of negotiations to remake the 24-year-old trade agreement.

Number of flu-related deaths in Oklahoma rises to 226
However, he added, the best approach for people to protect themselves against influenza is still to get vaccinated . As of March 11 of previous year , public health officials say there were a total of 95 flu-associated deaths.


After Mayawati's Offer, Congress To Back BSP Rajya Sabha Nominee
The BJP has so far only announced the name of Union Finance Minister Arun Jaitley from Uttar Pradesh for the polls. Mr Javadekar filed the nomination at the Vidhan Bhavan, BJP cityunit president and MLA Ashish Shelar said here.


Parties vying to lure each other for Senate chairman slo t
Qayoom Soomro has claimed that the party enjoys the support of 57 senators for the position of Chairman Senate. Khan said that senators from FATA and Balochistan should be given top slots and respect in the Senate.


Lighthizer expressed disappointment that only six of the 30 chapters in NAFTA had been agreed upon after seven months of negotiations.

At the same event, David MacNaughton, Canada's ambassador to the US, said there is "no question" that NAFTA needs an "update".

Guajardo's threats of tit-for-tat retaliation stood in stark contrast with the conciliatory words emanating from the White House and elsewhere in the Trump administration this week.

He later added, when asked about U.S. Nafta demands: "Of course the United States is willing to compromise".

A top Mexican strategist said such tariffs could target exports from states that voted for Trump in 2016, and which he would need to win to secure re-election in 2020.

Lighthizer made public remarks that appeared to confirm something he allegedly told members of Congress behind closed doors a few weeks ago - leaving a meeting, they said he'd described the negotiations with Canada as more hard and was willing to complete talks with Mexico first.

Across the pond, a trade war really is brewing. Knowing the game could end in higher tariffs for USA farm products, they are engaging with more reliable suppliers. That's not fast enough, current US trade czar Robert Lighthizer said at the close of a round in Mexico City.

Canadian Finance Minister Bill Morneau and Foreign Affairs Minister Chrysta Freeland both said last week that Canada was requesting an exemption to the tariffs, citing the interdependent nature of the North American aluminum market, but they were clear the government is willing to retaliate if need be.

Mnuchin told Young that he and Agriculture Secretary Sonny PerdueGeorge (Sonny) Ervin PerdueTrump proposes restricting choices for food stamp recipients Regulatory restructure of biotech is critical to the future of United States agriculture The Hill's 12:30 Report MORE have "had significant input into these discussions".

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