In this file:
· NAFTA benefits Canada more than the US, Agriculture Secretary says
· Saskatchewan Agriculture Minister to Discuss Value of Trade at Tri-National Accord
· Is Trump Pushing NAFTA Partners to Walk Away?
· Is Donald Trump Really Going To Destroy NAFTA?
NAFTA benefits Canada more than the US, Agriculture Secretary says
By Nick Giampia, FOXBusiness
October 11, 2017
President Donald Trump welcomed Canadian Prime Minister Justin Trudeau to the White House on Wednesday to discuss a variety of topics including the North American Free Trade Agreement (NAFTA).
Agriculture Secretary Sonny Perdue believes that President Trump will be able to negotiate a better deal on NAFTA.
“I think again some of these deals have lacked enforcement. So I think the president is sending a message. He's serious about trade deficits. He's serious about keeping jobs in the U.S.,” he told FOX Business’ Trish Regan on “The Intelligence Report.”
Perdue explained why NAFTA benefits Canada more than it does the U.S.
“The irritants that we have are primarily with Canada over their dairy management supply program they are over producing creating depressing world prices for milk solids. There is also a wine issue in British Columbia where they are not letting our wines out front where their customers can choose. There is also poultry access issues. So some of the things left out of NAFTA from a Canadian access perspective is not fair for the U.S.,” he said.
Perdue believes that Trump’s tax proposal to slash the corporate tax rate from 35% to 20% will help the manufacturing industry...
Saskatchewan Agriculture Minister to Discuss Value of Trade at Tri-National Accord
Lyle Stewart - Saskatchewan Agriculture Minister
Farmscape for October 12, 2017
Saskatchewan's Agriculture Minister will take his province's message of the value of trade to Denver next week when he attends the Tri-National accord.
The Tri-National Accord, an annual event which has brought together representatives of Canada, the United States and Mexico since 1992, is set for October 17 to 19 in Denver.
Saskatchewan Agriculture Minister Lyle Stewart says, with the renegotiation of NAFTA underway, the event is particularly timely this year.
Clip-Lyle Stewart-Agriculture Minister Saskatchewan:
Our message will be that trade with the United States and Mexico is extremely important to us in the province of Saskatchewan and I think I can speak for Canada.
From Saskatchewan's perspective the U.S. is our largest importer of our goods particularly agricultural products and Mexico is number five.
These are very important export markets to us as a province and very important to Canada.
Our message will also be that NAFTA has been good for all three countries.
Unfortunately I think a lot of people take that trade for granted and it's not a given.
I remember times when it was seriously disrupted.
Perhaps the last time was COOL and that was under NAFTA but it was the NAFTA dispute mechanism that finally broke that log jam.
President Trump has talked about things like eliminating the dispute mechanism and I think that's a hill for us to die on and ought to be.
We need that or any agreement's not really worth the paper that it's written on.
So we'll be talking about the importance of trade to all three countries and particularly the importance of continuing with something very similar to the NAFTA that we've been familiar with.
Is Trump Pushing NAFTA Partners to Walk Away?
By Andy Eubank, Hoosier Ag Today
Oct 12, 2017
The fourth round of negotiations for the North American Free Trade agreement is underway, and American, Mexican, and Canadian negotiators are entering some of the more difficult subject matter. International Trade and Customs Attorney Dan Ujczo said the tone of Trump Administration negotiators is getting more aggressive.
“What we saw in round 3 in Ottawa was really the start of the U.S. putting forward very aggressive positions. The first one was on government procurement known as Buy American, which basically said we’re going to cut back how much Canadian and Mexicans can participate in our government procurement processes here in the U.S. but by the way, we want you and Canada and Mexico to allow more U.S. participation on your side, so I think both Canada and Mexico said we’re not so sure about that. It certainly ruffled some feathers and we saw that in final statements at the end of round 3. There was certainly tension between the three head negotiators, led on the U.S. side by USTR Robert Lighthizer.”
He says the U.S. positions will continue to get more aggressive in round four on things like automotive rules-of-origin that are more stringent than in any other free-trade agreement in the world.
Ujczo expects supply-management in Canada to be brought up in this round. Canada’s supply management policies have made it very difficult for U.S. dairy, poultry, and eggs to get into the Canadian marketplace. Canada has said it’s a “red-line” that they aren’t willing to budge on. Ujczo said it’s a possibility that the Trump administration is counting on that.
“I think it’s highly likely at the end of round 4 when you see things like automotive rule of origin, supply management the U.S. is talking about a sunset provision, meaning that NAFTA would terminate after five years automatically unless Congress reauthorized it, those are things that will cause Canada and Mexico to at the very least call a timeout to take these issues back and consider their next move,” he explained...
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Is Donald Trump Really Going To Destroy NAFTA?
Nathaniel Parish Flannery, Forbes
Oct 12, 2017
Donald Trump is a politician who rose to prominence based on his knack for crafting catchy and deep-cutting sound-bites. As president, however, his ability to comprehend complex public policy issues doesn’t appear to extend much beyond the range of a 140 character limit.
While business groups in Canada, the US, and Mexico are still pushing for a sensible deal to update the more than two decade North American Free Trade Association in a way that will benefit all parties, Trump continues to take a hardline stance. As the fourth round of talks begin, all parties involved will be thinking about Trump's recent threat that "NAFTA will have to be terminated."
It’s still unclear though at what point Trump will stop posturing and actually move towards making a deal. Companies such as Ford and Boeing that have built up cross-border production operations will face major disruptions if NAFTA falls apart. Amazon, FedEx, and eBay would all benefit from an expansion of e-commerce between NAFTA member countries. In 2016 Canada and Mexico imported goods and services worth $583 billion from the U.S.
With so much economic activity at play, it once seemed unlikely that Trump would really go as far as to upend NAFTA. Now, however, the trade deal’s future is dangerously uncertain. In Canada, the U.S. and Mexico business and political leaders are bracing for the potential end of the NAFTA era.
U.S. Chamber of Commerce CEO Thomas Donohue said, “there are several…proposals still on the table that could doom the entire deal.”
Elected officials in Mexico appear to be getting comfortable with the idea that around two-thirds of all US-Mexico trade would still happen even if NAFTA gets canceled.
Mexico’s Foreign Affairs Minister Luis Videgaray publicly stated...
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