Mexico-Canada Trade Agreement Targets China’s Bad Practices
Mexico-Canada Trade Agreement Targets China’s Bad Practices
Canada-US reach deal to reform NAFTA
04 October, 2018, 08:39
One of the country's top auto parts executives said representatives on both sides of the border deserve some love for the U.S. -Mexico-Canada Agreement, which removes the threat of damaging autotariffs on Canada. The trade pact will now be renamed the "United States-Mexico-Canada Agreement" or USMCA.
The clause, which has stirred controversy in Canada, fits in with U.S. President Donald Trump's efforts to isolate China economically and prevent Chinese companies from using Canada or Mexico as a "back door" to ship products tariff-free to the United States.
Li Guangman, a freelance writer and columnist for Chinese news opinion portal CWZG, wrote that Mexico and Canada were simply "corpses that have been killed by the big bat of the USA trade war" and China "should not show any sympathy towards them [Mexico and Canada]".
"It doesn't have to be a full-fledged free-trade agreement to be a useful conversation", he said.
The Canadian dollar hit a four-month high against the US greenback, and investors raised bets for as many as four additional interest rate increases from the Bank of Canada by the end of 2019. Canadian protections for its dairy industry had been a long-standing sore spot for President Trump.
Following an Oval Office meeting with Trump, Congressman Steve King said that China will soon be paying a heavy price for stealing American intellectual property.
Trudeau repeatedly made the point that he had managed to preserve the protected domestic market, which some US interest groups said should be scrapped.
"I hope what they did in the renegotiated agreement is to make sure that the labor and wage standards in Mexico are lifted so that the playing field is more even now", Castro said. The revisions include changes on auto-sourcing rules as well as new or updated provisions on digital trade, financial services and other areas of commerce. USMCA will "allow us to reclaim a supply chain that has been off-shored to the world because of unfair trade issues".
The deal still needs to be approved by Congress and by the legislatures of Canada and Mexico, but the president predicted it would get enough support to pass.
Besides, he added, "Canada would not negotiate a deal that would threaten its access to the US market". "But in terms of rights and obligations, it doesn't impose any obligation on Canada not to negotiate an agreement with anybody".
Rather, the new agreement is being widely described as a "NAFTA-minus": a regime not as free as NAFTA had been, particularly in the automotive sector, but still very much in the interests of all three countries - and definitely better than no deal. "They may be willing to do that for political purposes", he said.
Mourinho was also asked if his job was on the line following three defeats in United's opening seven Premier League fixtures. Chelsea ended title rivals Liverpool's ideal start to the Premier League season in a thrilling 1-1 draw at Stamford Bridge.
Facebook said they have reset the access token to nearly 50 million accounts that they know were affected by the breach. Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on May 1, 2018 in San Jose, California.
The President's remarks also offered an opening to critics of the Kavanaugh nomination, including Democratic Sen. Two Senate staff members say the plan is to have separate times for Democrats and Republicans.
Whatever that means, according to the senators and the Republicans and the Republican majority, I want them to do that", he said. Some Democratic lawmakers claimed the White House was keeping investigators from interviewing certain witnesses.
Charlie Blackmon hit a two-run dinger in the third and David Dahl made it 7-0 with a three-run shot in the fifth. The Los Angeles Dodgers entered game 163 for all the division marbles versus the Colorado Rockies .
They were earlier found in North Korea during a joint 1996-2005 excavation project between the United States and North Korea. Past rapprochement efforts were often stalled after a standoff over the North's nuclear ambitions intensified.
Swell from Hurricane Rosa off Mexico is expected to increase surf and rip currents along the Southern California coast. The National Weather Service in Phoenix issued a small stream flood advisory around 12:40 p.m.
Messi has scored 103 Champions League goals, more than any other player, and has eight hat tricks in the competition. The quintet will also not be fit for the Premier League match with struggling Cardiff on Saturday.
Elsewhere, US farmers will get greater access to Canada's dairy market through an increased quota on foreign imports. It said the measures will have "a dramatic impact not only for dairy farmers but for the whole sector".
Tiebreakers to Decide NL Central, NL West
Kenly Jansen gave up more than double the amount of home runs this year (13) than last year (6). "But they got those two homers. Black has repeatedly called the Rockies "resilient", and Blackmon spoke like a true believer in the quiet loser's clubhouse.
OnePlus 6T leaks and shows off it's fancy new notch
However, they moved against it as the technology was still in nascent stages and was very slow in unlocking the phone too. This time there's a short video, and you can make out the edge of the screen around the bottom of the phone.
Erdogan says Turkey to secure east of Euphrates in Syria
"We want our German friends to continue reposing trust in Turkey, Turkish economy and our country's future", Erdogan said. In a speech at the opening of parliament, Erdogan said the U.S. had lost credibility by engaging in trade wars globally.
Kavanaugh to Get Senate Vote This Week, McConnell Says
I have been a registered Democrat all my life but I never thought I'd be ashamed to say so. "That's your job to vet the nominee". Ford and all of us, the American people. "It is about uplifting the voices that have been victimized".
Cardi B turns herself in to NYPD after fight at strip club
The new mother was escorted by security as she made her way to the 109th precinct in Queens before 10 a.m on Monday, October 1. At some point, she'd reportedly run into Jade , who had allegedly previously claimed to have slept with Offset .
Sabalenka And Kontaveit Set For Wuhan Showdown
Puig conceded after the match that Wozniaki had fought hard, and said that there were places she thought she could have improved. It is Wang's 14th straight win on Chinese soil, following her run to the Guangzhou title last weekend.