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Search resuls for: "American Free Trade"


6 mentions found


☆ Costa Rica seeks entry to North America trade pact
  + stars: | 2022-12-14 | by ( ) www.reuters.com   time to read: +2 min
SAN JOSE, Dec 14 (Reuters) - Costa Rica has told the United States it is interested in joining the North American trade pact between the United States, Mexico and Canada, President Rodrigo Chaves said on Wednesday. Dodd said he had spoken with Chaves about opportunities to boost economic ties, but made no comment on a possible entry for Costa Rica into the North American trade pact. "We are evaluating opportunities," said Tovar, adding membership in the trade pact would give Costa Rica an "immense advantage" and add another strategic link to global supply chains. The United States is Costa Rica's largest trading partner, according to the U.S. State Department, accounting for 38% of Costa Rica's imports and 42% of exports. The Central American country has 10 bilateral and five multilateral trade agreements in force.
☆ Decision on North American auto rules dispute 'imminent', Canada says
  + stars: | 2022-11-25 | by ( ) www.reuters.com   time to read: +2 min
MEXICO CITY, Nov 25 (Reuters) - A decision should be made very soon on a dispute pitting Canada and Mexico against the United States on the interpretation of regional trade rules in the auto industry, Canada Minister of International Trade Mary Ng said on Friday. Canada this year joined Mexico in a complaint against the United States over how to apply automotive sector content requirements under the United States-Mexico-Canada (USMCA) free trade agreement, which came into effect in 2020. Mexico and Canada favor a more flexible interpretation of the rules than Washington, and Mexico said in August that dispute panel hearings were beginning. Those disagreements have led to a separate energy dispute under USMCA that pits Ottawa and Washington against Mexico. Ng this week said Canada had begun exploratory discussions with Ecuador over a potential free trade agreement.
☆ Worker complaints alleging anti-union shutdowns rise as organizing surges
  + stars: | 2022-11-04 | by ( Eli M. Rosenberg | Eli Rosenberg Is An Investigative Tech Reporter For Nbc News. | ) www.nbcnews.com   time to read: +13 min
The company, G&D Integrated, had closed the factory, saying it had suddenly lost its decade-old contract with a Japanese company, workers said. Starbucks closed multiple stores this year following union activity. Trader Joe’s, for example, abruptly closed a wine shop in the center of New York City where workers had been organizing. Demonstrators protest outside a closed Starbucks in Seattle on July 16. More than 40 percent of the stores had union campaigns, according to data from Starbucks Workers United, the union that has been organizing the workers.
☆ Ohio Republicans focused on winning a battleground Senate race still find things to admire in Tim Ryan just days before the crucial midterm elections
  + stars: | 2022-11-04 | by ( Warren Rojas | ) www.businessinsider.com   time to read: +4 min
Senate hopefuls JD Vance and Tim Ryan are making their closing pitches to Ohio voters. Some Buckeye State Republicans give Democrat Ryan points for his fighting spirit. Ohio Senate hopeful JD Vance mingles with local Republicans during Ohio GOP's bus tour stop in Zanesville, Ohio. She can't say the same for Vance, who Drenan claims waffled about abortion in his final debate with Ryan. "That's how dissatisfied I am with Republicans right now."
☆ BMW plans to invest $1.7 billion in U.S. to produce electric vehicles
  + stars: | 2022-10-19 | by ( Michael Wayland | ) www.cnbc.com   time to read: +2 min
BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The German automaker expects to produce at least six fully electric models in the U.S. by 2030. The Spartanburg facility, where the investment announcement took place, currently produces BMW "X" SUVs and lithium-ion battery modules for its two plug-in hybrid electric vehicles. "Going forward, it will also be a major driver for our electrification strategy, and we will produce at least six fully electric BMW X models here by 2030," BMW Chair Oliver Zipse said in a release. In April, the company announced plans to spend $2 billion to build a second U.S. plant in Kentucky.
☆ Honda's new $4.4 billion EV battery plant will be built in Ohio
  + stars: | 2022-10-11 | by ( Michael Wayland | ) www.cnbc.com   time to read: +2 min
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Honda Motor and LG Energy Solution on Tuesday said a new multibillion-dollar plant to produce batteries for electric vehicles will be located in Ohio. The battery plant is expected to cost $3.5 billion, with overall investment by the unnamed joint venture eventually reaching $4.4 billion, the companies said. Honda and LGES announced plans for the joint venture and battery plant last year, but had not revealed a location. In addition to the new battery plant, Honda on Tuesday said it plans to invest $700 million to retool several of its existing auto and powertrain plants for production of EVs.
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