Posts Tagged ‘NAFTA talks’

NAFTA Talks Encroaching on Congressional Deadline

If deal isn't reached by deadline, might have to wait until 2019.

by on May.17, 2018

Republican House leader Paul Ryan noted if NAFTA talks don't produce a new deal soon, it may not get approved until 2019.

The Trump administration’s plans to overhaul the North American Free Trade Agreement may have to wait until next year.

Politico, the Washington-based website for political news, noted that House Speaker Paul Ryan said the Trump administration has until May 17 to submit a final NAFTA deal if it wants lawmakers to vote on the revised agreement this year.

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Negotiators from the U.S., Mexico and Canada have nothing to show for their efforts despite meeting all week in Washington DC to coming up with a deal, knowing that time was running short to get a deal through Congress in this legislative session.  (more…)

New US Content Proposal for NAFTA Gets Tepid Response

Mexico balks at new demands from negotiators.

by on May.01, 2018

Trade representatives from Canada, Mexico and the U.S. continue negotiating a revised NAFTA agreement.

The latest proposals from the U.S. in the ongoing North American Free Trade Agreement talks have been met with tepid curiosity and outright defiance from Mexico’s delegation.

The U.S. proposal, according to Reuters, increases NAFTA’s regional automotive content and would carry a four-year phase-in to meet a higher, 75% regional value threshold. The current level is 62.5% while new labor content rules requiring substantial work at wages of $16 an hour or higher.

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The new deal would require the $16 wage on work comprising 40% of the value of light-duty passenger vehicles and 45% for pickup trucks. Mexico, where salaries average less than $6 per hour at automakers, wasn’t keen on the new idea. (more…)

New Roadblocks Thrown Up in NAFTA Negotiations

Trump pushing for new mandates for Mexico.

by on Apr.24, 2018

NAFTA talks are ongoing and negotiators are expressing optimism about completing a new deal.

Efforts to reach an agreement on revisions to the North American Free Trade Agreement appear to have hit another speed bump.

President Donald Trump said on Monday he may ask Mexico to halt the flow of undocumented migrants from Central America into the U.S. as a condition for a renegotiated trade deal.

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“Mexico, whose laws on immigration are very tough, must stop people from going through Mexico and into the U.S. We may make this a new condition of our new NAFTA Agreement. Our Country cannot accept what is happening! Also, we must get Wall funding fast,” Trump wrote on Twitter. (more…)

Trump Drags Heels as NAFTA Negotiators Push Forward

Rhetoric increases confusion, delay in getting new deal done.

by on Apr.13, 2018

U.S. Trade Representative Robert Lighthizer and his team are pushing ahead in NAFTA talks despite President Trump's criticism of the pact.

As the Trump Administration’s NAFTA negotiation team continues to try to hammer out a deal, making incremental progress, the president appears to want to hamstring the group at every opportunity.

Just yesterday it was revealed that U.S. trade negotiators reduced their demand for regional auto content to 75% from the 85% they demanded originally. Eduardo Solis, the head of Mexico’s automotive industry association, confirmed the move today.

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However, speaking at the White House Thursday, President Trump told reporters he’s willing to “renegotiate forever,” as he tries to secure terms that are better for the automotive industry. The terms include an increase in North American content required in new vehicles now. (more…)

NAFTA on Ropes Again After Trump Tweets

President continues to threaten end of trade deal in tweets.

by on Apr.03, 2018

U.S. Trade Representative Robert Lighthizer, left, talks with Canada's Chrystia Freelander and Mexico's Ildefonso Guajardo, both right.

Even more than some relief on fuel-economy standards, carmakers have said over and over again they want to settle the issues around the North American Free Trade Agreement.

However, President Donald Trump threatened to discard the agreement in a series of Easter weekend tweets in which he accused Mexico of doing “very little” to stop the flow of people across the U.S. border. He also renewed his attack on U.S. immigration policies, including DACA, the program that would allow immigrants brought to the U.S. as children an opportunity to become U.S. citizens.

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Trump once again demanded the Mexico pay for the border wall that Republican led Congress declined of fund in full and threatened to target the North American Free Trade Agreement in retaliation for Mexico’s failure to stop migrants from Central America to the Southern of the United States. (more…)

NAFTA Talks Halted, Trump Proposes Steel, Aluminum Tariffs

Parties looking to schedule additional talks.

by on Mar.01, 2018

U.S. Trade Representative Robert Lighthizer, left, talks with Canada's Chrystia Freelander and Mexico's Ildefonso Guajardo, both right.

Negotiations between the U.S., Canada and Mexico are stalled, in large measure, over President Donald Trump’s insistence that “rules of origin” percentages increase to levels that are more favorable for the U.S.

Under NAFTA, at least 62.5% of the material in a car or light truck made in the region must be from North America to be able to enter the marketplace tariff-free. The Trump administration has proposed increasing that minimum NAFTA content to 85%, with 50% made in the United States.

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Auto executives have said repeatedly that the 85% is not doable and could add as much as $2,500 to the price of each vehicle if implemented. (more…)

Slow Pace of NAFTA Talks May Force Additional Sessions

U.S. demands creating friction with Canada, Mexico.

by on Jan.26, 2018

U.S. Trade Representative Robert Lighthizer, left, talks with Canada's Chrystia Freelander and Mexico's Ildefonso Guajardo, both right.

The already tense negotiations among the U.S., Canada and Mexico to revise NAFTA may need to be extended past the March deadline because of the slow pace due to the depth of disagreements between the U.S. and its pact partners.

According to Reuters, a senior Mexican official said talks could be extended and that an extra round of talks between the sixth round, which is ongoing in Montreal, and the seventh round in Washington D.C. in March, could take place.

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The talks were supposed to end in March to avoid any conflicts with Mexico’s presidential election, but that doesn’t occur until July. Economy Minister Ildefonso Guajardo said the deadline could be extended. (more…)

Difficult NAFTA Talks Resuming After ‘Impasse’

Talks resuming after Trump tells Asia he favors bilateral agreements.

by on Nov.14, 2017

U.S. Trade Representative Robert Lighthizer complained that officials from Mexico and Canada are reneging on parts of the deal already agreed to by all sides.

Trade representatives from the U.S., Canada and Mexico are scheduled to meet in Mexico City for another round of negotiations to update the North American Free Trade Agreement.

Last month’s discussions ended in what was described as an “impasse” that left the fate of the agreement on potentially shaky ground. Meanwhile, President Donald Trump has used his just-ended Asian tour to talk about his dislike of multilateral trade deals.

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Instead, as he traveled through Asia, Trump has talked up his preference for bilateral trade deals with trading partners, such as Japan. (more…)

Raising Mexican Wages Key to New NAFTA Deal

Canadian, U.S. teams to pressure Mexico on wage concerns.

by on Oct.31, 2017

U.S. and Canadian negotiating teams agree that wages for Mexican workers are too low.

Despite differences, Canadians and negotiators for the United States apparently agree on one thing — the wages of Mexican workers are way too low under the current North American Free Trade Agreement.

Jerry Dias, president of Unifor, Canada’s largest private sector union, who has become an informal adviser on NAFTA to Canadian Prime Minister Justin Trudeau, said after a meeting with U.S. Secretary of Commerce Wilbur Ross that the U.S and Canada have agreed that addressing the core issue of low Mexican wages is a key to breaking the impasse at NAFTA re-negotiations.

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“There is a clear understanding that Canadian and American workers have both been injured by the siphoning off of manufacturing jobs to Mexico,” said Dias after the meeting “We agreed that Canada and the U.S. must work together to pressure Mexico to drive up wages significantly or face joint retaliatory measures.” (more…)

Automakers Wary of Trump’s Plans for NAFTA Talks

President's plans contradict auto industry interests.

by on Aug.14, 2017

Negotiating points outlines by the Trump Administration have U.S. automakers concerned.

Despite continued promises to bring back automotive manufacturing jobs to the U.S. through a renegotiation of the North American Free Trade Agreement, the Trump Administration’s efforts are likely to harm to the auto industry.

The NAFTA talks are nearly set to begin and a few of the major sticking points outlined by U.S. negotiators have auto industry officials wringing their hands over the anticipated negative impact they’ll have.

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In attempt to increase the number of auto jobs, U.S. Trade Representative Robert Lighthizer wants to strengthen the rules of origin to block more parts from Asia as well as set a U.S.-specific content requirement for vehicles coming into the U.S. from Mexico. (more…)

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