In a case of a broken clock being right twice a day, the Trump Whitehouse wanted to remove Chapter 11 from NAFTA. But after pressure from the oil industry, it is now backing down, trying to reform the chapter instead. The U.S. is worried that the newly elected left-wing Mexican president might shake up oil interests at home.
Sujata Dey's blog
According to Inside U.S. Trade, a NAFTA ministerial meeting will be held in Washington this Thursday and Friday. The U.S. and Mexico say they have almost closed 12 chapters. U.S. trade representative Robert Lighthizer is said to believe a deal is possible before the end of August, the new "expiry date" set by U.S. House Speaker Paul Ryan. But is that possible?
Affectionate hugs, public demonstrations of affection, and the exchange of sweet letters: what is going on with right-wing U.S. President Donald Trump and left-wing Mexican President-elect Andrés Manuel López Obrador (AMLO) on NAFTA?
As Canada’s Foreign Minister Chrystia Freeland, Finance Minister Bill Morneau and International Trade Minister Jim Carr head to Mexico City, this week, to discuss NAFTA with the both the outgoing and incoming Mexican administrations, AMLO’s letter to Trumps provides some clues to his views on NAFTA
It is celebrated by free trade pundits as a success in the Trumpian era: yesterday's signing of JEFTA, or the Japanese European Union Free Trade Agreement which covers a third of the world economy.
What does civil society have to say about this?
From Feta to Parmesan, cheese has been a central issue in CETA, the trade agreement between the European Union and Canada, and now it is possible that it might kill the deal.
Most of the business press, along with various elites, have condemned Trump's moves. John Ibbitson of The Globe and Mail has gone so far as to say that this is the end of the whole western order, of Bretton woods, the World Trade Organization, of American-inspired liberal free trade all over the world. As early critics of the western liberal order should we progressives be jumping for joy?
Progressive trade is something that we hear a lot about. The federal government has staked its lot on rhetorically changing the nature of trade agreements.
Progressive trade is often a nebulous concept. That is why the Council of Canadians and Unifor are trying to put some meat on the idea. On April 20th and 21st, they held two Hamilton events, a Unifor People’s Trade Town Hall and a Council of Canadians regional trade forum. It was hosted by the Hamilton chapter of the Council of Canadians and Unifor.
While there has been speculation that the negotiations could be put on hold or even collapse, there are now strong indications that what is being described as an “agreement in principle” could be reached by early April.
Remember that off again on again summit for the signing of CETA, the Canadian-European Economic and Trade Agreement back in October? Paul Magnette, the leader of Wallonia, who blocked the treaty, has written a tell-all of what went down, and it casts a horrible light on some of our Canadian politicians. Tell Wallonia that Trudeau doesn't speak for you.
Paul Magnette, the "Fidel Castro" of Europe and leader of Wallonia may be best known for making Trade Minister Chrystia Freeland cry, but he should be known for his principled, courageous and informed stance against CETA, the Canada-European Union Comprehensive Economic and Trade Agreement. Part one of a series by Trade Camapaigner Sujata Dey on his new book.