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FTA Central

(Daily News)
Tuesday, 25 April 2017

EU Trade Commissioner Cecilia Malmström said April 25 that the Trump administration will need more time to review the Transatlantic Trade and Investment Partnership before deciding on whether to move forward with the negotiations.


(Daily News)
Tuesday, 25 April 2017

Commerce Secretary Wilbur Ross -- after announcing preliminary countervailing duty rates for softwood lumber from Canada this week -- on Tuesday said “one of the problems” with NAFTA is that lumber and an unrelated dairy dispute with Canada are two key areas not covered by the trilateral agreement, which he said is stalled in Congress.


(In Trade)
Monday, 24 April 2017

“I am going to either renegotiate it or I am going to terminate it.”


(In Trade)
Monday, 24 April 2017

“I am going to either renegotiate it or I am going to terminate it.”


(Daily News)
Monday, 24 April 2017

A coalition of 18 firms and business groups is pressing for the Trump administration to ensure restrictions on duty drawbacks are removed from NAFTA, arguing the provisions are outdated and harm U.S. manufacturers and exporters.


(In Trade)
Monday, 24 April 2017

“The bottom line is we need to move forward on this deal. It is critical to our economic and geopolitical well-being. Period.”


(Daily News)
Saturday, 22 April 2017

Australian Prime Minister Malcolm Turnbull, standing alongside Vice President Mike Pence, said Saturday that the U.S. had the right to end its participation in the Trans-Pacific Partnership and that “each nation is committed to protecting its economic interests first and foremost,” while Pence reiterated the U.S. “America-first” policy and the administration’s preference for bilateral trade deals.


(In Trade)
Saturday, 22 April 2017

The London Times credits German Chancellor Angela Merkel for helping to convince the president.


(Daily News)
Friday, 21 April 2017

Japanese Deputy Prime Minister Taro Aso this week offered “no guarantee” the United States will strike a better deal with Tokyo if it chooses to pursue a bilateral trade agreement, stressing that U.S. gains with Japan in the 12-nation Trans-Pacific Partnership depended on other countries “balancing out the gains and losses.”


(In Trade)
Friday, 21 April 2017

The Iowa senator said lawmakers “will have to make sure the people working under him know how important this is for us.”


(In Trade)
Friday, 21 April 2017

Talks must be concluded before elections in the U.S. and Mexico next year, he said, because the deal is a “punching bag for candidates.”


(Daily News)
Friday, 21 April 2017

Germany’s finance minister, Wolfgang Schäuble, expressed optimism this week that the Transatlantic Trade and Investment Partnership between the U.S. and the European Union “has not failed forever” but said it should be made simpler and more transparent to better the chances of approval on both sides of the Atlantic.


(In Trade)
Thursday, 20 April 2017

“We're going to have to get to the negotiating table with Canada very very quickly.”


(Daily News)
Thursday, 20 April 2017

Darci Vetter, chief agriculture negotiator for the Office of the U.S. Trade Representative during the Obama administration, this week cautioned President Trump’s team to seek a more measured approach to NAFTA talks and warned that a failure to do so could backfire against the U.S. agriculture industry in particular, making it an easy target for retaliation.


(Daily News)
Wednesday, 19 April 2017

House Speaker Paul Ryan said in London on Wednesday that the U.S. will “chart a path forward” on the Transatlantic Trade and Investment Partnership with Europe, but gave no indication of whether the Trump administration shares his view.


(In Trade)
Wednesday, 19 April 2017

The decision is expected to set an EU-wide precedent for whether other trade agreements, including TTIP, will need member state approval.


(Daily News)
Tuesday, 18 April 2017

The U.S.-Japan Economic Dialogue may produce work that eventually leads to the negotiation of a bilateral free trade deal between the two countries, Vice President Mike Pence said in Tokyo today alongside Japanese Deputy Prime Minister Taro Aso following the first meeting of the economic dialogue.


(In Trade)
Tuesday, 18 April 2017

“We have to be honest about where our trade relationship falls short.”


(In Trade)
Monday, 17 April 2017

“An underappreciated benefit of NAFTA is the protection it offers U.S. exporters from extreme tariff uncertainty in Mexico.”


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