North American Cross-Border Freight Falls in 2016
Trucking hauled less U.S. freight to Canada and Mexico in 2016 than 2015, according to March 2 data from the U.S. Department of Transportation’s Bureau of Transportation Statistics.
March 2, 2017US Not Bound by WTO Decisions, Trump Warns in New Trade Agenda
The U.S. isn’t bound by decisions made at the World Trade Organization, President Donald Trump’s administration said in outlining a new trade agenda that promises to root out unfair practices by foreign countries.
Mexico Warns US It'll Cut Off Nafta Talks If Tariffs Proposed
Mexico’s top trade negotiator doubled down on threats to break off talks to rework Nafta, saying his country will walk away if the U.S. insists on slapping duties or quotas on any products from south of the border.
Trump's Nafta Revamp Could Hit Close to Home for Key US Industries
American companies importing vehicles and their parts, electronics and fruit from south of the border would be well-advised to keep a close eye on the future of Nafta.
Trump's Trade Concerns? WTO Head Says Organization Can Handle It
The World Trade Organization has the tools to handle many of the trade concerns raised by President Trump, Director-General Roberto Azevedo said, seeking to calm worries that the new U.S. administration could usher in a new era of protectionism.
Mexico and Canada Say Nafta Should Be Renegotiated Trilaterally
The foreign ministers of Mexico and Canada presented a unified front ahead of potential trade talks with President Trump’s administration, stressing that the North American Free Trade Agreement has benefited all three countries.
What Refashioning an Iconic '90s Trade Deal May Look Like
While U.S. President Donald Trump has forced the idea of renegotiating the North American Free Trade Agreement, some experts agree that an upgrade is welcome for the pact that took effect in 1994 — the year pop idol Justin Bieber was born and the movie “Forrest Gump” was released.
Freight Executives Urge Caution on Trade
WASHINGTON — A disruption of trade agreements with Mexico has the potential of hindering the country’s flow of products with its southern neighbor, freight executives told a Senate panel Feb. 15.
DeFazio, 15 Other House Democrats Urge Trump to Redo Nafta
A coalition of at least 16 House Democrats, led by Oregon’s Peter DeFazio, said Feb. 16 it will file a “Blueprint for America’s New Trade Policy,” urging President Trump to fulfill his campaign promises and negotiate a thorough overhaul of the North American Free Trade Agreement or withdraw from the 1994 agreement.
Trump May Need a Second Term to See Fruits of His Trade Deals
So far, President Trump has mostly declared policy 140 characters at a time, or through flurries of executive orders. But history shows that trade deals, a major priority for the new administration, are the opposite of quick tweets: a painstakingly slow process.