m3n4.net
m3n4.net September 21, 2018


US, Mexico reach NAFTA deal as attention turns to Canada

28 August 2018, 12:32 | Vera Richards

Mandel NGAN /AFP Getty Images President Donald Trump

President Donald Trump

The United States and Mexico also agreed to a 16-year lifespan for the North American Free Trade agreement, with a review every six years that can extend the pact for 16 years, U.S. Trade Representative Lighthizer said.

Canada's role: While the deal is just between the US and Mexico, the hope is that Canada will "negotiate fairly" to join the agreement at a later date, enter into a separate deal, or face automobile tariffs.

But after a year of intense negotiations to salvage the 25-year-old pact, the United States and Mexico appear close to a point where Canada - which had been waiting for US-Mexican agreement on auto industry rules - can rejoin the talks.

"It's a big day for trade, it's a big day for our country", Trump said with reporters present, who were called to the Oval Office to watch as Trump spoke on the telephone with Mexican President Enrique Pena Nieto.

The U.S. president also had words for Canada, which was not involved in the weekend talks between the U.S. and Mexico.

Celtic crash out of Champions League after losing to AEK Athens
Celtic need to wait until Thursday to find out who they meet in the Europa League. "I don't want to make excuses", added Rodgers.

USA stock indexes hit fresh records Monday as the U.S. and Mexico struck a tentative a bilateral trade deal that's expected to replace the 24-year old North American Free Trade Agreement. But as with many of Trump's declarations of victory, it's far from clear that this deal will be realized.

The president says he will be calling Canadian Prime Minister Justin Trudeau.

Canada would continue to negotiate, but would only sign a new agreement that is good for the country, a spokesman for Canadian Foreign Minister Chrystia Freeland said.

USA automakers have opposed raising the North American content requirement, but the United Auto Workers union has supported it.

Other contentious issues between Canada and the United States include dispute resolution, intellectual property and a US demand for a five-year sunset clause.

Legendary Playwright Neil Simon Dies at 91
More recently, The Odd Couple was adapted for television (again) by CBS with Matthew Perry and Thomas Lennon. He was also known as a king of comedy, peppering his plays with a heavy dose of witty one-liners.

"While any news of progress on restoring Nafta certainty is reassuring for American farmers, there are questions that remain on the nature of a final deal", Brian Kuehl, the organisation's executive director, said in a statement.

US Mexico NAFTA agreement includes 10 years of data protection for biologic drugs. If there were any issues, they could agree to meet on an annual basis to make sure outstanding issues didn't "fester" as one senior White House official put it.

While the announcement focused on the deal between the U.S. and its southern neighbour, Trump also mentioned negotiating a new deal with Canada.

Canada still needs to join the agreement, and any deal would need to be approved by Congress before it can go into effect. "A big Trade Agreement with Mexico could be happening soon!" he tweeted.

-Canada Tags Back In: One of the core NAFTA fights has been on cars - namely, low Mexican wages luring manufacturing jobs to the country. He said the trade deal between Mexico and the United States "was the largest trade deal ever made".

Diplomatic squabble as United States rejects Pakistan's claim about Pompeo-Imran phone call
It was decided that the Prime Minister would use the official aircraft only for domestic tours and not for foreign visits. However, Pakistan's Foreign Office described the State Department's press release as "factually incorrect".

Still, an accord between the U.S. and Mexico is the biggest development in talks that began a year ago, punctuated by Trump's repeated threats to quit altogether.



Other News

Trending Now

Simona Halep suffers shock first-round defeat at the US Open
She pulled out of last week's Connecticut Open with an Achilles injury. "She played quarter-finals past year ", she said. Halep recovered and it appeared a comeback was on when she broke Kanepi to love to level the second set at 4-4.

Our 6 favorite Aretha Franklin hymns and gospel tunes
Franklin had been battling various undisclosed illnesses for years , and, in recent weeks, was receiving hospice care. Franklin performed for the Obamas twice, once in 2009 at President Obama's first inauguration and again in 2015.

Now at Category 5, Hurricane Lane bears down on Hawaii
Residents are stocking up on essentials and have been remembering how Hawaii was hit by a devastating hurricane in 1992. A Hurricane Warning has been issued for the Big Island, a Hurricane Watch has been issued for O'ahu and Maui County.

Alienware Announces Upgraded Gaming Desktops With Nvidia RTX GPUs
Asus, EVGA, Gigabyte, MSI, PNY, and Zotac are all announcing GeForce RTX Cards, and they're available to pre-order right now. It was not at all feasible in 3D games, except it now is (on a somewhat simpler scale) using NVIDIA's new graphics cards.

UK urged to stand with United States against Iran by Woody Johnson
While Washington was busy exiting the Iran nuclear deal in early May, Rabat had its own issues with the Islamic Republic. The UK's trade with Iran was £365million in 2016.

Trump reportedly nixed statement praising life of John McCain
Arizona operatives speculate that one of two former congressmen from the state, John Shadegg and Matt Salmon, could fill the seat. McCain as a hero and highlighted his service as both of a member of the military and the Senate.

Bill Maher Taunts Trump Over Omarosa: 'He Lost His One Black Friend'
According to other recordings released this week, Trump appeared to be in the dark on her December 2017 firing. "I want to see this nation united as opposed to divided", she said .

Terrorism at Parliament in London: Here's What Happened
The suspect, a 29-year-old British national, was known to police in the West Midlands but not MI5 or counter terrorism officers . One woman remained hospitalized Tuesday afternoon, but her injuries aren't believed to be life threatening, authorities said.

Hardik Pandya`s five-for hands India complete control of 3rd Test
All the wickets fell in the second session, with England collapsing from 54-0 to 128-9 as allrounder Hardik Pandya took 5-28. India could add only 22 runs to their overnight score as they were 329 all out in 7.4 overs on a damp, overcast morning.

Emery off the mark as Arsenal beat West Ham 3-1
The midfielder said he doesn't pay attention to criticisms because he knows if he has played bad or well. "The first half, we needed calm".