Canada says it takes Trump's talk of NAFTA withdrawal seriously

05 December, 2018, 04:25 | Author: Dave Hampton
  • Donald Trump

President Donald Trump has said that he intends to end the North American Free Trade Agreement in six months, potentially forcing Congress to pass his new trade deal or risk having no trade deal in place.

"I will be formally terminating NAFTA shortly".

The Montana Farm Bureau applauds today's signing of the United States-Mexico-Canada (USMCA) Trade Agreement.

Democrats mulling presidential runs in 2020, as well as labor and environmental groups, were already gearing up for a showdown with Trump over trade, and the revised North American Free Trade Agreement (NAFTA) will give them an opening for a new line of attack. Though the CUSFTA did not include rules on intellectual property nor the specific commitments on investment and services contained in NAFTA, it did allow for tariff-free access to the US market.

Samsung, Verizon will release 5G smartphone in early 2019
However today was more about Qualcomm's action with the carriers, especially in one of its biggest markets, in the US. The event runs from December 4 - 6, so we can expect to get a look at the cutting-edge technology any minute now.

That is critical as the party is set to take control of the House of Representatives in the U.S.'s two-chamber legislature.

Speaking following the signing of the USMCA deal, US Secretary of Agriculture Sonny Perdue said: "The new USMCA makes important specific changes that are beneficial to our agricultural producers". For some of them, the signing of the new deal, the USMCA, came as a relief because it stopped short of more severe disruptions that Trump had originally sought.

Democratic Senator Sherrod Brown of OH says the US needs to reopen discussions with Mexico and Canada on trade.

"I think we will get the support of a lot of Democrats, a very high number of Democrats, absolutely - I have no doubt about it", Lighthizer said.

Deontay Wilder and Tyson Fury held apart at weigh
The American teased that depending on how this fight with Fury goes, he may opt another fight with him rather than face Joshua. Fury shouted, calling out the Watford born heavyweight for the fight all Briish boxing fans have been dying to see.

Lawmakers in both parties are still reviewing the details, and many are making no promises as they work to ensure exporters in their home states can thrive under the proposed trade ground rules. Sherrod Brown, D-Ohio, a leader on the issue, argued that there is precedent for reopening the agreement and making changes at this stage.

Presumptive incoming Speaker of the House Nancy Pelosi described the deal as a "work in progress" that lacks worker and environment protections. Mr Trump had told lawmakers he would veto any bill that did not include US$5 billion for a southern border wall, raising the prospect of a partial government shutdown.

Although the three country leaders agreed to the new terms, lawmakers in each country still need to ratify the deal. The United States should protect its sovereignty over the interests of other countries. Senator Marco Rubio of Florida tweeted on Friday that the deal as drafted would put Florida's seasonal vegetable growers "out of business".

CAF strips Cameroon of AFCON 2019 hosting rights
A report of the last two inspection visits to central African state Cameroon were made at Friday's meeting. Ahmed was speaking after a 10 hour CAF executive meeting held behind closed doors in the Ghanaian capital.

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