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The Latest News about NAFTA

Trump talks of ‘incredible deal’ with China and terminating NAFTA while returning from G20

Donald Trump answers press questions aboard Air Force One

President Donald Trump told reporters aboard Air Force One late Saturday night that he and President Xi of China had come to an initial agreement that would be one of the largest deals ever made. “It’s an incredible deal.  It goes down, certainly — if it happens, it goes down as one of the largest deals ever made,” Trump said. ...

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President Trump Secures Modern, Rebalanced Trade Agreement with Canada and Mexico

Donald Trump success

USMCA is a great deal for all three countries, solves the many deficiencies and mistakes in NAFTA, greatly opens markets to our farmers and manufacturers, reduces trade barriers to the U.S. and will bring all three Great Nations together in competition with the rest of the world. President Donald J. Trump President Donald Trump and his administration have delivered on ...

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Watch: President Trump hails U.S. – Mexico Trade Agreement as ‘big day for our country’

Donald Trump oval office

President Donald Trump announced a new trade agreement between Mexico and the United States as “one of the biggest” trade deals to be made. Trump said that the new deal would be referenced to as the United States – Mexico Trade Agreement because NAFTA “has a really bad connotation because the United States was hurt very badly by NAFTA.” Indeed, NAFTA ...

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Trump’s next win on trade could come within days while Canada sits on the sidelines

President Donald Trump may claim another significant win next week on the international trade front as negotiations with Mexico are expected to conclude. Mexico’s economy minister Ildefonso Guajardo told reporters Friday that he believes trade talks will conclude as early as next week. “Hopefully we will be able to close up no later than the middle of the week,” he said. ...

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Canada fires another shot at United States manufacturers; pushes toward trade war

After decades of unfair treatment of U.S. businesses who export to Canada, the Great White North has escalated fears of a trade war by levying more tariffs against U.S. manufacturers. For Canada, tariffs of 10 percent are being imposed on about $12.5 billion worth of U.S. products. Starting Sunday, a wide range of U.S. staples were hit, including chocolate, ketchup, ...

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Trump slaps EU, Canada, Mexico with Aluminum tariffs, Steel restrictions

The Trump administration has worked for months to come to agreements to limit the dumping of aluminum and steel into the United States. While the U.S. has reached satisfactory trade agreements with a few nations on aluminum and steel imports, most will be hit with severe tariffs and restrictions beginning at Midnight Thursday night ending a 2-month exemption for those ...

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Trump starts NAFTA renegotiation

Flags of NAFTA

The Trump administration notified Congress Thursday that it will renegotiate the North American Free Trade Agreement (NAFTA) starting the process to fix the trade imbalances harming American workers. Commerce Secretary Wilbur Ross sent a letter to Congress informing lawmakers that negotiations would soon begin. “With this letter, we intend to notify not just Congress, but all our trading partners, that ...

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Mexico and Canada agree to renegotiate NAFTA after Trump threatens to pull out

Donald Trump success

President Donald Trump announced Thursday that both Mexico and Canada have agreed to renegotiate the North American Free Trade Agreement (NAFTA) just a day after the United States had threatened to pull out. On Wednesday, a CNN report announced that Trump was considering an executive order to end U.S. participation in NAFTA. The White House is currently mulling an executive ...

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U.S. slaps new tariff on Canadian lumber imports

lumber mill

The U.S. Department of Commerce imposed tariffs on Canadian softwood imports after trade talks on U.S. milk exports fell through. Commerce Secretary Wilbur Ross said the taxes announced Monday evening were being imposed after trade negotiations between the two countries failed to produce a positive outcome for the United States. “It has been a bad week for U.S.-Canada trade relations,” ...

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Big Labor Changes Horses

James Hoffa applauds Trump on TPP NAFTA

Unions have been unabashedly in the tank for the Democrat party for decades, but with President Trump’s pro-worker policies, big labor is shifting its allegiance and it could have election consequences for a long time. In a Sunday morning interview on Fox Business News, Teamsters Union president James Hoffa applauded President Trump for pulling out of the Trans-Pacific Partnership. Hoffa: ...

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White House Announces Withdrawal from TPP and Renegotiation of NAFTA

In a statement posted on the White House website, President Trump’s administration seems ready to live up to his promises on trade deals starting immediately. The announcement states that America will be withdrawing from the Trans-Pacific Partnership and requesting that the members of NAFTA renegotiate the terms of that agreement or the U.S.A. will withdraw from that agreement as well. ...

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Trump will meet with Mexican President on Wednesday

I cannot even imagine the agenda being considered by both sides, but Donald Trump has accepted Mexican President Enrique Pena Nieto’s invite to meet. Peña Nieto invited both Trump and Democratic presidential nominee Hillary Clinton to visit Mexico last Friday, his office said in a statement provided to The Washington Post on Tuesday night. Although no meetings have been confirmed, ...

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Trump’s next step: getting specific on immigration…

Donald_Trump_March_2015

Voters and the media have been asking Donald Trump to offer details on his policies and on Sunday, he gave them some. The 1900 word “Immigration Reform that Will Make America Great Again” is a bit more specific than his catch-phrases and sound bites, but only on the issue for which he is most known.  The plan focuses on three ...

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Free trade is for idiots

For decades, globalists and libertarian free trade ideologues have been telling us that free trade has been “good” for America, that it’s a traditional conservative/Republican policy, and that any suggestion that America should protect its industry – i.e. protectionism – is a Big Government policy and a betray of “free market principles”. Free trade is the religion of the CATO ...

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