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 Ahead of the Friday deadline, the two allies are looking for areas of commonality to renew the outdated, 24-year-old deal.
NAFTA talks between the USA and the Canada resumed on Wednesday following US-Mexico bilateral agreement on Monday.
The USA and Mexico agreed on new terms over auto trade on Monday reaching a bilateral deal, excluding Canada from NAFTA.
Brent oil is up 1.52 dollar a barrel ahead of a report indicating a fall in US crude inventories. Tighter supplies are also expected following US sanctions on Iran.
U.S. President’s veiled criticism on Fed’s monetary policy dampened traders’ enthusiasm ahead of US-China trade talks, sending the greenback lower. Dollar dips against its major traded rivals. The dollar’s index DXY fell about 0.4 % on Tuesday to its lowest in almost two weeks.