Friday, 16 November, 2018

United States and Mexico reach a preliminary trade deal

U.S. and Mexico make NAFTA breakthrough, increasing chances of final deal US, Mexico reportedly strike deal on new NAFTA agreement
Lloyd Bates | 27 August, 2018, 23:04

President Donald Trump said Monday the United States had reached a "really good deal" with Mexico and talks with Canada would begin shortly on a new regional free trade pact. The president said in June that a refurbished NAFTA deal could remain trilateral or could be renegotiated into two separate arrangements.

Mexican President Enrique Peña Nieto joined the group by phone for the announcement.

At the same time, President Donald Trump threatened to keep Canada, the third member of NAFTA, out of any new trade agreement.

Both the USA president and the Mexican president, Enrique Peña Nieto, said they had an understanding and thanked each other during a phone call listened into by reporters.

"They used to call it NAFTA", Trump said".

So ... the full details of a U.S. -Mexico deal aren't known, there are time pressures that may be hard to meet, Canada has yet to be heard from, and it's not clear how connected to reality Trump's understanding of the deal is.

And there are political reasons to keep Canada inside the regional bloc: "Mexico will have a hard time selling "Trump's deal" back home if Canada does not think it is a good deal", said Daniel Ujczo, a trade attorney with Dickinson Wright PLLC.

U.S. Trade Representative Robert Lighthizer also said the deal will be likely signed-off in November and sent to Congress on Friday. A senior USA trade official said there are hopes that a final agreement can be reached by Friday.

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The Iranian authorities had told Nazanin Zaghari-Ratcliffe several times that she would be given furlough , but she was never released.

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He doesn't like losing. "He doesn't like to lose and he will be like me, I'm sure, 100 per cent". "He taught me how to do it". Ronaldo joins Juventus having won 15 trophies during his spell at Real , including the Champions League on four occasions.

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Tucker Carlson called this what it is: racism. "We want to send a strong message to the U.S.to stay out of South Africa". An archive of Trump's tweets shows that Wednesday's post was his first as president that included the word "Africa".

But Trump hinted that all might not be smooth sailing from here, suggesting he could cut Ottawa out of the deal reached with Mexico and adding that he wanted to change the agreement's name.

Reporters have been waiting all weekend for the US and Mexico to announce their handshake deal.

Foreign Affairs Minister Chrystia Freeland is in Germany on Monday, but received updates from both the Americans and the Mexicans throughout the weekend. And it would require a set proportion of auto components be made by workers earning at least $16 an hour. Canada will now need to rejoin talks - the USA hadn't invited them for weeks - and sign off on the deal, as well as resolve its own irritants. "It has a bad connotation because the United States was treated very, very badly for NAFTA". The pact between Canada, the United States, and Mexico commits the three countries to open trade policies.

But Trump has called the agreement "the worst deal maybe ever signed" and moved ahead with tariffs earlier this year.

The Trump administration said the deal improves labor provisions.

Negotiatons with Canada and the United States, Trump said, will start immediately. He then congratulated him on the new deal with the cameras rolling.

Footage of Trump attempting to connect the call went viral among journalists, pundits and political observers.

A senior White House official added that Canada would be brought in to the trade discussions on Monday afternoon.

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