Mexico City, Nov 17 (efe-epa).- Mexico faces daunting challenges in the fifth North American Free Trade Agreement (NAFTA) renegotiation round, which got under way here Friday amid fresh warnings from the United States.
Just days before the talks, scheduled to take place from Nov. 17-21, US Commerce Secretary Wilbur Ross warned Mexico and Canada of the consequences of not reaching a new agreement.
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WASHINGTON, D.C. (Office of the Guam Congressional Delegate) — U.S. Congresswoman Madeleine Z. Bordallo met with Japan's ambassador to the United States, Kenichiro Sasae, to discuss establishing a U.S. Customs and Border Protection air Preclearance operation at the Narita International Airport. CBP, in partnership with the Guam Visitors Bureau, is in negotiations with Narita International Airport and the government of Japan to establish this program in...
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(This article about touching upon on the 2017 USJC Annual Conference appeared in The Globe and Mail.)
The fifth round of negotiations to modernize the trade agreement between the United States, Canada and Mexico begins this week, after a contentious October session, a prolonged break and a decision to extend talks into early 2018.
Observers are increasingly expressing concern about the costs of a NAFTA withdrawal by the United States, but on the eve of the talks, Commerce Secretary Ross suggested that the U.S. will continue to press its hardline demands on U.S. neighbors because they have more to lose if the talks collapse...
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WASHINGTON—The North American Free Trade Agreement (NAFTA) talks are now addressing the more intricate details of the deal, and the political calendar will make it very challenging to complete a new agreement, according to Secretary of Commerce Wilbur Ross.
Speaking at the 2017 U.S.–Japan Council annual conference on Nov. 13, Ross said there is no exact date by which the negotiations must end. But if there is no resolution by the end of March, then it will become more difficult to finalize the talks, he said.
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The administration hopes to wrap up the 2.0 talks by the end of March, to avoid running into trouble with the political calendar in all three countries as well as side-stepping the potential expiration of U.S. trade promotion authority.
"There is no precise date by which the negotiations must end," Commerce Secretary Wilbur Ross said during a speech to the U.S.-Japan Council on Monday. "But as a practical matter, if there's no resolution by more or less the end of March, the political calendar will make it very difficult to complete a deal."
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Ross on Monday promised more outcomes from the U.S.-Japan Economic Dialogue, led by Vice President Mike Pence and Japanese Deputy Prime Minister Taro Aso, in coming months, but gave no indications the two countries would sit down for talks on a bilateral free trade agreement anytime soon.
“A degree of broad cooperation has emerged, especially in terms of trade remedies against countries that violate the rules,” Ross said in his speech to the U.S.-Japan Council. The two countries have also developed a memorandum of understanding on the transportation sector and “anticipate more announcements in the near future on a range...
Washington, Nov 14 (efe-epa).- US Commerce Secretary Wilbur Ross warned Tuesday that the breakup of the North American Free Trade Agreement (NAFTA) would be devastating for Mexico, adding that the goal is to reach a new trade deal by March 2018...
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Commerce Secretary Wilbur Ross on Monday said the Trump administration’s Indo-Pacific plans could overshadow the Trans-Pacific Partnership, which moved forward over the weekend without the U.S. “We withdrew from a bad deal, not from a region,” Ross said during a Nov. 13 U.S.-Japan Council conference in Washington, DC. “In fact, President Trump’s Indo-Pacific strategy is even more inclusive geographically than that trade pact would have been.”...
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DC: Commerce Secretary Wilbur Ross And Northrop Grumman CEO Wes Bush Speak At The U.S.-Japan Council
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