A quick look at some current Canada-US trade disputes

A quick look at some current Canada-US trade disputes

A quick look at some current Canada-US trade disputes

President Donald Trump during a White House event Monday said his administration "may have something worked out with Mexico" on trade.

The letter was delivered during a recent meeting in Mexico with senior USA officials, and details were disclosed once Trump had received it, said Lopez Obrador, a leftist who won Mexico's July 1 presidential election in a landslide.

The tariff on solar cells was also challenged at the World Trade Organization by the European Union, China, South Korea and Taiwan. The U.S.is now gearing up for mid-term congressional and senate elections in November.

The negotiations, which had effectively stalled as Canada and Mexico struggled to...

Trump's letter, which was sent in English and in Spanish, was seen by AFP and read to the press by incoming foreign minister Marcelo Ebrard with American approval.

"There exists a possibility that we can arrive at some type of arrangement", Gonzalez Anaya told Reuters in an interview, adding that he discussed the talks to modernize the 24-year-old North American Free Trade Agreement during a bilateral meeting with his Canadian counterpart, Finance Minister Bill Morneau.

"Mexico has always been a country committed to openness and integration and I believe that this will be maintained", he said.

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According to the U.S. Department of Commerce, Canada is the premier goods export market for businesses in five of the six New England states - in the sixth state, it is the second-largest market - representing more than $8.3 billion in exports in 2017 alone.

If the wage floor was enacted immediately, the Canadian official said, four major Mexican auto plants would immediately go out of business.

Canada, however, is willing to agree to everything Mr. Trump wants on autos, now that Washington has dropped its demand for 50 per cent USA content on vehicles manufactured in NAFTA countries and sold in the United States, the official said.

The United States is also exploring the possibility of imposing tariffs on auto imports, though Guajardo said it was too early to speculate on how that would play out.

President Trump has chilled Mexico with demands that it pay for a border wall and his comments that it does nothing to slow illegal immigration. For Mexico, the expansion is part of a push to diversify its trading partners in the wake of Trump's previous threats to pull out of NAFTA.

"That change in Mexico presents us with the opportunity to restart those discussions".

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