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Search resuls for: "Canada Agreement"


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WASHINGTON, Jan 23 (Reuters) - U.S. farm and trade officials raised "grave concerns" over Mexico's agricultural biotechnology policies in meetings with their Mexican counterparts on Monday, as lingering disagreements threaten decades of booming corn trade between the neighbors. The United States accounts for most of Mexican corn imports. U.S. officials traveled to Mexico to discuss Mexico's approach to agricultural biotech products. Mexico's agriculture ministry declined to comment, while the country's economy ministry, which handles trade, did not immediately provide comment. Mexican officials have said they will keep importing GM corn for animal feed.
Canadian Trade Minister Mary Ng says the ruling reaffirms ‘our understanding of the negotiated outcome on the rules of origin for automotive products.’A trade panel ruled in favor of Mexico and Canada in a dispute with the U.S. over rules to calculate regional content required for tariff-free imports of vehicles under the U.S., Mexico, Canada Agreement, officials said Wednesday. Mexico and Canada had challenged the U.S. method for calculating the regional content required under the USMCA trade pact for cars to have tariff-free access to the U.S., and requested the panel early last year after failing to reach agreement during consultations.
MEXICO CITY—President Biden focused on immigration, security and supply-chain problems when he met with his Mexican counterpart on Monday for the North American Leaders’ Summit—issues on which the two countries have had some differing views. He and Mexican President Andrés Manuel López Obrador were joined by Canadian Prime Minister Justin Trudeau for dinner Monday night, before all three meet on Tuesday. The countries have been working through trade disputes over implementation of the U.S.-Mexico-Canada Agreement.
Biden plans first Canada visit in March
  + stars: | 2023-01-10 | by ( ) www.reuters.com   time to read: +2 min
Jan 10 (Reuters) - U.S. President Joe Biden will be in Canada in March in his first visit to one of the United State's top trading partners since taking office almost two years ago. Biden told Canadian Prime Minister Justin Trudeau about his travel plans in a bilateral meeting at the North American leaders' summit in Mexico City on Tuesday, according to statements from the White House and Trudeau's office. The United States is by far Canada's biggest trade partner, recording over C$1 trillion ($745.1 billion) in bilateral trade in goods and services in 2021. Canada does have some issues with Biden, who canceled a key oil pipeline from Canada to the United States on his first day in office. Washington and Ottawa also have clashed over rules governing lumber, dairy and autos under the United States–Mexico–Canada Agreement trade pact.
MEXICO CITY—President Biden is expected to focus on immigration, security and supply-chain problems when he meets with his Mexican counterpart on Monday for the North American Leaders’ Summit—issues on which the two countries have had some differing views. He and Mexican President Andrés Manuel López Obrador will be joined by Canadian Prime Minister Justin Trudeau for dinner that night, before all three meet on Tuesday. The countries have been working through trade disputes over implementation of their joint U.S.-Mexico-Canada Agreement.
Under USMCA, if the controversy is not resolved during consultations, a dispute panel can be called to adjudicate. Lopez Obrador has put on a bullish front, saying Mexico has broken no laws and that "nothing is going to happen." Resolution appears to hinge on whether energy nationalists inside the Mexican administration, who have taken their cues from Lopez Obrador, are prepared to compromise. Lopez Obrador has made energy policy a cornerstone of his presidency, making it hard for him to back down. Still, the spat has hit investor confidence in Mexico, and Lopez Obrador is seeking U.S. help to finance solar power output in northern Mexico and attract investment in greener manufacturing, particularly in carmaking, a key industry.
OTTAWA, Dec 20 (Reuters) - The Biden administration said on Tuesday it was requesting new dispute settlement consultations under the U.S.-Mexico-Canada Agreement (USMCA) trade deal related to Canadian dairy import tariff policies. The United States initiated dispute consultations over some Canadian dairy tariff-rate quotas in May, alleging Canada's allocations deny U.S. retailers access to its markets and undermine the agreement. Last year, the United States requested the creation of a panel under USMCA rules to resolve a dispute over Canadian dairy quotas after failing to settle the issue with Ottawa. The panel in a 50-page report in January said Canada violated the trilateral trade accord by reserving most of its preferential dairy tariff-rate quotas for Canadian processors. Canada has said that it amended its allocation policies for dairy quotas after the panel report.
MEXICO CITY, Dec 9 (Reuters) - A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement over regional content requirements for the auto sector, Mexico's presidency said on Friday in a tweet that was later deleted. "The decision could generate more incentives to generate auto parts in our country," the tweet said. Mexico's economy ministry told Reuters it would speak on the subject "once the resolution becomes official." Mexico is also in a trade dispute with the United States regarding its energy policies, which the United States calls nationalist and unfriendly to U.S. firms and a violation of the United States-Mexico-Canada Agreement (USMCA). Reporting by Kylie Madry and Adriana Barrera; Editing by Daina Beth Solomon and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
CTM representatives say their unions defend worker rights, offer perks such as scholarships and sports programs and abide by Mexico's new labor rules. Along with La Liga, other new unions have also won victories over powerful rivals in the past year at GM, Japan's Panasonic (6752.T) and French glassmaker Saint-Gobain (SGOB.PA), pledging better pay. Even among the new crop, La Liga stands out for its broader vision: targeting companies no matter the sector, no matter the location. Leaving her three kids at home, she is traveling factory to factory seeking support. What's more, to drum up support, La Liga must fight a deeply embedded culture of fear and apathy around speaking out.
"There are many alternatives to importing non-GMO yellow corn from the United States," Suarez said in an interview on Wednesday. It was the strongest indication yet from Mexico's Agriculture Ministry that the ban will hit yellow corn destined for livestock feed. The 2020 decree by Mexico President Andres Manuel Lopez Obrador aims to phase out GM corn and the herbicide glyphosate by 2024. Yellow corn imports had become more expensive than domestic production, another incentive for farmers to make the switch, Suarez said. The government was working to make agreements with local corn growers to specifically increase yellow corn production to 6 million tonnes, he added.
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.
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.
"They were given a contract they didn't even know about," Moreno said of the Panasonic deal with rival union SIAMARM. The dispute at Panasonic grew out of a vote last year in which workers rejected their union contract. Labor authorities then scheduled a vote April 21-22 for workers to choose between two other unions vying to take over the contract - SNITIS and SIAMARM. However, SNITIS says Panasonic signed a contract with SIAMARM ahead of the April election and began to withhold union dues from worker paychecks. SIAMARM, part of one of Mexico's biggest labor groups, the Confederation of Mexican Workers (CTM), could not be reached for comment.
Manan Vatsyayana | AFP | Getty ImagesAfter more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world's largest trade agreement in 2020. All 16 countries started negotiating RCEP in 2013, when talks for another major trade pact — the Trans-Pacific Partnership or TPP — were underway. Given China's absence in the then U.S.-led TPP, which was slated to be the world's largest trade deal, many observers considered RCEP a way for Beijing to counter American influence in the region. The final text with details of the trade agreement will go through legal reviews before being signed and released. Deborah Elms, executive director at consultancy Asian Trade Centre, told Reuters that would help Asian producers to sell more of their products to the rest of the region.
Justin Trudeau Fast Facts
  + stars: | 2015-11-03 | by ( Cnn Editorial Research | ) edition.cnn.com   time to read: +6 min
CNN —Here’s a look at the life of Canadian Prime Minister Justin Trudeau. While campaigning for prime minister, Trudeau endorsed the legalization of marijuana. TimelineApril 1972 - During a state visit with Prime Minister Pierre Trudeau, US President Richard Nixon makes a prediction: “Tonight, we’ll dispense with the formalities,” Nixon says. “I’d like to toast the future prime minister of Canada: to Justin Pierre Trudeau.”1998 - Trudeau’s brother, Michel Trudeau, is killed in an avalanche while skiing. The video shows Trudeau, British Prime Minister Boris Johnson, French President Emmanuel Macron, and Dutch Prime Minister Mark Rutte laughing.
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