Following last Friday’s deadlock NAFTA talks resume. Canada will not give up easily despite the US President’s threats to exclude Ottawa from the trade Agreement and proceed with Mexico.
Category: Features
The greenback increased on Tuesday amid concerns regarding a possible escalation in trade conflict between the United States and China. The dollar index, an index of the value of the US dollar relative to a basket of foreign currencies, rose by 0.5%.
Less than seven months before the United Kingdom leaves the European Union the Brexit negotiations are intensifying. Prime Minister’s Brexit strategy is subject to harsh criticism both by friends and foes.
This week’s trade agenda is hot: Trump’s threats to exit WTO (World Trade Organization) and preparations to step up the trade war with China; NAFTA negotiations between Canada and the USA at the final stage; Juncker’s statements about tit-for-tat car tariffs if USA makes the first step.
NAFTA negotiations between the USA and the Canada resumed on Wednesday following US-Mexico bilateral agreement on Monday are intensifying. Ahead of the Friday deadline, the two allies are looking for areas of commonality to renew the outdated, 24-year-old deal.