“We're going to make trade deals, but we're going to do one on one, one on one.”
Following reports that Mexican lawmakers plan to introduce a bill that would direct Mexicans to buy corn from Brazil, Argentina and Canada instead of the U.S. – its top exporter – U.S. lawmakers and companies are worried the Trump administration's rhetoric on Mexico could cause harm to U.S. farmers.
Rep. Mike Conaway (R-TX) says Trump's planned path on trade remains unclear.
Former U.S. and Canadian officials said the Trump administration should tone down its inflammatory rhetoric toward Mexico if it hopes to successfully renegotiate the North American Free Trade Agreement.
The Trump administration's push for bilateral agreements and renegotiating NAFTA was seen by analysts as an opportunity to rewrite data rules.
“We have seen that many of the TPP countries are now approaching us and saying ‘we still want to do deals.’”
“Were there to be any new negotiations, those would be three-way negotiations.”
Brunei, Vietnam and the U.S. are the only three of the 15 invited nations that have yet to say whether they will send a representative.
“It would be quite beneficial for Australia and New Zealand to show some confidence that this could be moved forward.”
Analysts and academics clashed today at the Peterson Institute for International Economics over President Trump’s trade policy options in a post-Trans-Pacific Partnership world, with some saying that the Asia-Pacific deal should be revamped, enlarged and renamed. Argument also erupted over whether the administration's plan to pursue bilateral deals, including one with Japan, will succeed.
Rep. Peter DeFazio (D-OR), joined by six House Democrats, on Thursday introduced a resolution called the “Blueprint for America’s Future Trade Policy” that outlines principles and a time line for the renegotiation of the North American Free Trade Agreement.
“We don’t want to be part of the triumvirate when the item is drugs coming into the United States, illegal immigration or building a wall.”
A meeting between the Senate Finance Committee and Peter Navarro, who leads the White House National Trade Council, did not yield specifics on key issues like the renegotiation of the North American Free Trade Agreement and how the administration will shape trade policy, according to Democrats on the panel.
“I want to make it clear the United States is not retreating from the world economy.”
Senate Finance Committee Republicans and White House National Trade Council Director Peter Navarro on Tuesday held initial but frank talks about China, whether to negotiate more trade agreements or focus on existing deals, and other trade issues during the first group meeting between administration officials and the panel's GOP members.
In meeting with Navarro, the Iowa senator said he would urge caution in NAFTA renegotiations.
“Intimidating or denigrating remarks make it harder to reach outcomes that support American economic and security interests.”
“The legal challenges will continue to move forward at this time.”
“It's a much less severe situation than what's taken place on the southern border.”