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Why State Aid Has Become a Stumbling Block in Brexit

In theory, the system of free trade driving the world economy is supposed to provide a “level playing field” for all. In practice, countries have long complained that rivals unfairly dish out aid in the form of state-backed subsidies to boost f.....»»

Category: topSource: washpostDec 13th, 2020

: ‘Outdated’ Nafta one step away from demise after House passes new trade deal with Canada, Mexico

A day after a bitterly divided vote over the impeachment of President Trump, House Democrats and Republicans united to pass an updated version of the old North American Free Trade Agreement that lawmakers hope will be more favorable to the U.S. economy......»»

Category: topSource: marketwatchDec 19th, 2019

U.S. economy shakes free of recession fears in striking turnaround since August

Steady, measured growth is expected because of lower interest rates and certainty after Trump’s trade deals......»»

Category: topSource: washpostDec 15th, 2019

The Fed: Fed’s Bullard says the end of an era of free trade is imperiling the U.S. economy

St. Louis Fed President James Bullard said Monday the U.S. economy is at risk because the era of free-trade, which has bolstered growth, is ending......»»

Category: topSource: marketwatchSep 24th, 2019

Pence upbeat that Congress will pass USMCA trade deal this year

U.S. Vice President Mike Pence on Tuesday said he believed Congress would act to pass a new U.S.-Mexico-Canada free trade agreement this year, providing important momentum for the U.S. economy......»»

Category: topSource: reutersSep 17th, 2019

G20 stops short of denouncing protectionism, warns of global slowdown

Leaders of the Group of 20 major economies warned on Saturday of growing risks to the global economy but stopped short of denouncing protectionism, calling instead for a free, fair trade environment after talks some members described as difficult......»»

Category: topSource: reutersJun 29th, 2019

Mexico becomes first country to ratify USMCA trade deal

Mexico has been a strong proponent of the pact, which builds on NAFTA, the free-trade accord that has transformed this nation’s economy over the past 25 years......»»

Category: topSource: washpostJun 20th, 2019

Sen. Ted Cruz decries closing southern border, pushes for free trade at GHP event

Foreign trade accounts for 17 percent of the Bayou City's economy, according to GHP President and CEO Bob Harvey......»»

Category: topSource: bizjournalsApr 24th, 2019

NAFTA meeting on tap; Mexico doesn"t want to be used to elude U.S. tariffs

MEXICO CITY (Reuters) - The ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican Economy Minister Ildefonso Guajardo said on Monday......»»

Category: topSource: reutersApr 16th, 2018

Nafta Partners Seek Deal by Early May, Mexico Says

Trade negotiators from the U.S., Canada and Mexico are looking to agree on a revamp of the North American Free Trade Agreement in early May, Mexico’s Economy Minister Ildefonso Guajardo said Monday......»»

Category: smallbizSource: wsjApr 9th, 2018

Mexico"s economy minister says odds of a Nafta deal "in principle" at 80%

Mexico's economy minister, Ildefonso Guajardo, said in a TV interview on Monday that the likelihood of signing a renegotiated pact 'in principle' on the North American Free Trade Agreement is about 80%. Guajardo, however, said he didn't exp.....»»

Category: topSource: marketwatchApr 9th, 2018

Mexico says creativity and flexibility needed for NAFTA deal

The United States, Mexico and Canada should be able to conclude the renegotiation of the North American Free Trade Agreement (NAFTA) if enough creativity and flexibility are shown, Mexican Economy Minister Ildefonso Guajardo said on Tuesday......»»

Category: topSource: moneycentralMay 1st, 2018

Wall Street rises on optimism on NAFTA deal and China trade

NEW YORK (Reuters) - The S&P 500 edged higher on Tuesday after comments from a Trump administration official on trade with China and the Mexican economy minister on the renegotiation of the North American Free Trade Agreement provided cause for optimism......»»

Category: topSource: reutersMay 1st, 2018

Mexico refuses to be rushed into poor NAFTA deal: minister

WASHINGTON (Reuters) - Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) just to get a deal, Economy Minister Ildefonso Guajardo said on Friday ahead of trilateral talks with his U.S. and Canadian counterparts......»»

Category: topSource: reutersMay 11th, 2018

Mexico refuses to be rushed into poor NAFTA deal -minister

WASHINGTON (Reuters) - Mexico will not be rushed into revamping the North American Free Trade Agreement (NAFTA) just to get a deal, Economy Minister Ildefonso Guajardo said on Friday ahead of trilateral talks with his U.S. and Canadian counterparts......»»

Category: topSource: reutersMay 11th, 2018

Mexico Doesn"t See Nafta Talks Wrapping Up Before Deadline

Mexican Economy Minister Ildefonso Guajardo said that he doesn’t expect an agreement on the North American Free Trade Agreement to be reached by Thursday, although Mexico is continuing negotiations with the U.S. and Canada toward an accord......»»

Category: topSource: wsjMay 15th, 2018

Mexico says NAFTA deal unlikely this week, signing possible this year

MEXICO CITY (Reuters) - Mexico's economy minister said on Tuesday that he saw diminishing chances for a new North American Free Trade Agreement ahead of a May 17 deadline to present a deal that could be signed by the current U.S. Congress......»»

Category: topSource: reutersMay 15th, 2018

Mexico says NAFTA deal unlikely this week, Canada is upbeat

MEXICO CITY (Reuters) - Mexico's economy minister said that he saw diminishing chances for a new North American Free Trade Agreement ahead of a Thursday deadline to present a deal that could be signed by the current U.S. Congress......»»

Category: topSource: reutersMay 15th, 2018

Mexico says no date set for next NAFTA ministerial meeting

MEXICO CITY (Reuters) - Mexico's Economy Minister Ildefonso Guajardo said on Thursday that there is no date set for the next North American Free Trade Agreement (NAFTA) ministerial meeting, but added that his technical negotiating team was in Washington......»»

Category: topSource: reutersMay 17th, 2018

Angela Merkel woos China as Donald Trump poses new trade challenge

Merkel faces a delicate balancing act on the China trip,as she seeks to show Chinese-German solidarity over free trade and the Iran nuclear deal without harming German ties with long-term ally US.....»»

Category: topSource: business-standardMay 24th, 2018