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Mexico's chief NAFTA negotiator tweeted on Thursday morning that the chapter “establishes standards never before embodied” in a free trade agreement.
The report also addresses competition from the European Union and TPP countries.
Treasury Secretary Stephen Mnuchin has had “very high-level” discussions with his counterparts from Trans-Pacific Partnership countries on a possible return to the trade pact, although re-entry is not a priority for the U.S. today, Mnuchin said Tuesday.
Many on the list are ardent free-trade advocates
“This is a real opportunity to leverage the unique strengths of the American system with a complementary skills of our allies and partner institutions to strengthen economic ties within the region.”
The Office of the U.S. Trade Representative has shared new text on labor with cleared advisers and Capitol Hill but will not put forward that text at the seventh North American Free Trade Agreement negotiating round in Mexico City this week, sources said.
The goal is to “help ensure that Peruvian timber is legally harvested and violators are held accountable,” USTR said.
U.S. Trade Representative Robert Lighthizer on Sunday summoned the agency’s chief rules-of-origin negotiator back from the seventh round of NAFTA talks so he can participate in rare meetings with U.S. auto representatives in Washington called for by the USTR, sources told Inside U.S. Trade.
An interview with Kathleen Wynne on softwood lumber, CPTPP, Canada's WTO challenge and more.
As President Trump continues to voice criticism of trade agreements and the international trading system, U.S. governors and foreign leaders are stepping up their defense of trade and NAFTA in particular – a message the governors will deliver in meetings with Cabinet officials and lawmakers this week.
“Labor rights in Mexico is not an issue that can be sidestepped.”
Democrats on the House Ways & Means Committee are demanding hearings on the renegotiation of the North American Free Trade Agreement. In a Feb. 22 letter to trade subcommittee Chairman Dave Reichert (R-WA), ranking member Bill Pascrell (D-NJ) and 14 other Democrats say neither the trade panel nor the full committee has held a hearing with an administration witness since the renegotiation effort kicked off last year.
In Miami this week, business and government officials discussed regional economic issues and the possibility that “every trade deal will be renegotiated.”
“Based on the information we’ve received from those who have taken part in the talks, we’re sure that labor issues will not be an obstacle to concluding the negotiation of the deal.”
“We made clear to the president that a new NAFTA must create fair and balanced trade in North America.”
“U.S. services providers and digital trade will be at a severe disadvantage, risking $88 billion in U.S. services exports to Canada and Mexico and the nearly 600,000 high-paying American jobs those exports support.”
During a meeting with their U.S. counterparts this week, Canadian negotiators will pitch the elimination of the deal’s investor-state dispute settlement provision -- and the U.S. is expected to agree to that proposal, allowing for what private-sector and congressional sources called a “win” for U.S. Trade Representative Robert Lighthizer in one of his priority areas in the talks.
Chile plans to host the signing on March 8.
Kenneth Smith Ramos said the three NAFTA countries would try to close some chapters and get to the heart of the more controversial issues.